HAYJOUR FAMILY LIMITED PARTNERSHIP 4
4 · IMPROVENET INC · Filed Feb 24, 2005
Insider Transaction Report
Form 4
IMPROVENET INCIMPV
HAYJOUR FAMILY LIMITED PARTNERSHIP
DirectorCEO10% Owner
Transactions
- Award
non-qualify common stock options
2005-01-25+250,000→ 250,000 total(indirect: Jeffrey Rassas is General Partner of Hayjour)Exercise: $0.13Exp: 2015-01-24→ shares of common stock (250,000 underlying) - Sale
common stock
2005-02-24$0.13/sh−20,500$2,665→ 9,355,080 total - Sale
common stock
2005-01-24$0.14/sh−24,000$3,360→ 9,375,580 total
Footnotes (2)
- [F1]The total of 250,000 shares subject to the option vest 50% on 12/13/05 and 50% on 12/13/06. The option is held directly by Jeffrey Rassas
- [F2]These options were granted directly to Jeffrey Rassas who is a General Parnter of Hayjour Family Limited Partnership