WESTRICK KENNETH 4
4 · PROXIM CORP · Filed Dec 3, 2003
Insider Transaction Report
Form 4
PROXIM CORPPROX
WESTRICK KENNETH
Director
Transactions
- Award
Stock Option (right to buy)
2003-05-29+25,000→ 25,000 totalExercise: $1.81Exp: 2013-05-29→ Class A Common Stock (25,000 underlying)
Footnotes (3)
- [F1]This trasaction is being reported late due to an administrative error of the issuer.
- [F2]The option vests at the rate of 1/3 of the shares subject to the option on the anniversary of the date of grant, such that all of the shares subject to the option will be vested and exercisable after three years.
- [F3]The price of the derivative security will be determined at a future date.