ALPHASMART INC 4
4 · ALPHASMART INC · Filed Jun 28, 2005
Insider Transaction Report
Form 4
ALPHASMART INCALSM
WATKINS V DAVID
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2005-06-27−26,668→ 0 totalExercise: $4.50Exp: 2013-01-01→ Common Stock (26,668 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-06-27−6,667→ 0 totalExercise: $8.00Exp: 2014-01-01→ Common Stock (6,667 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2005-06-27−6,000→ 0 totalExercise: $2.95Exp: 2015-01-01→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]This option was cancelled in the merger and no consideration was received. This option vests at the rate of 1/4 of the shares subject to the option per year.
- [F2]This option was cancelled in the merger and no consideration was received. This option vests at the rate of 100% of the shares subject to the grant on January 1, 2008, the fourth anniversary of the grant.
- [F3]This option was cancelled in the merger in exchange for a cash payment of $4,800 representing the difference between the exercise price of the option and $3.75. This option vests at a rate of 100% of the shares subject to the grant on January 1, 2009, the fourth anniversary of the grant.