BECKER ARTHUR P 4
4 · NAVISITE INC · Filed Sep 15, 2003
Insider Transaction Report
Form 4
NAVISITE INCNAVI
BECKER ARTHUR P
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2003-07-10+40,000→ 40,000 totalExercise: $2.55From: 2003-07-10Exp: 2013-07-10→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]Option vested and was exercisable as to 50% of the number of shares subject to the option on the date of grant. Option vests and becomes exercisable as to 1/24th of the number of shares subject to the option on each monthly anniversary date of the date of grant until fully vested on the first anniversary of the date of grant.