PAXSON COMMUNICATIONS CORP 4
4 · PAXSON COMMUNICATIONS CORP · Filed Apr 25, 2005
Insider Transaction Report
Form 4
GARCIA RICHARD
CFO, Senior Vice President
Transactions
- Exercise/Conversion
Class A Common Stock
2005-04-22$0.01/sh+150,000$1,500→ 190,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-04-22−150,000→ 20,000 totalExercise: $0.01From: 2005-04-22Exp: 2005-04-22→ Class A Common Stock (150,000 underlying)
Footnotes (1)
- [F1]90,000 shares vest on October 2, 2008. 60,000 shares vest incrementally as follows: 13,334 on October 2, 2005, 13,333 on April 6, 2006, 13,333 on October 2, 2006, 13,334 on April 6, 2007 and 6,666 on October 2, 2007.