SALON MEDIA GROUP INC 4
4 · SALON MEDIA GROUP INC · Filed May 18, 2005
Insider Transaction Report
Form 4
SALON MEDIA GROUP INCSALN.OB
WENNER JANN S
Director
Transactions
- Award
Options to purchase
2005-05-16$0.26/sh+650,000$169,000→ 650,000 totalExercise: $0.26From: 2005-05-16Exp: 2015-05-16→ Common Stock (650,000 underlying)
Footnotes (2)
- [F1]Options to Purchase granted pursuant to Salon Media Group, Inc. 2004 Stock Plan
- [F2]The option is exercisable to the extent shares are vested. 50% of such shares vested on the date of grant and 50% vest on February 7, 2006, provided that the Reporting Person continues to be employed or otherwise retained by the issuer.