DE KARE SILVER MICHAEL 4
4 · MODEM MEDIA INC · Filed Oct 18, 2004
Insider Transaction Report
Form 4
MODEM MEDIA INCMMPT
DE KARE SILVER MICHAEL
Managing Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−10,000→ 0 totalExercise: $5.45Exp: 2013-11-03→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−3,206→ 0 totalExercise: $2.00Exp: 2014-03-02→ Common Stock (3,206 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−100,000→ 0 totalExercise: $2.00Exp: 2012-10-30→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−76,745→ 0 totalExercise: $2.00Exp: 2012-10-30→ Common Stock (76,745 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−23,255→ 0 totalExercise: $2.00Exp: 2012-10-30→ Common Stock (23,255 underlying)
Footnotes (6)
- [F1]This option was subject to a three year vesting schedule: One third of the option vested on year from original grant date which was October 30, 2002 and an additional third of the option would become exercisable on each of the second and third anniversaries of the original date of grant.
- [F2]Pursuant to a merger agreement between issuer and Digitas, Inc. ("Digitas"), this option was assumed by Digitas and replaced with an option to purchase 53,721 shares of Digitas common stock for $2.8571 per share.
- [F3]Pursuant to a merger agreement between issuer and Digitas, Inc. ("Digitas"), this option was assumed by Digitas and replaced with an option to purchase 16,278 shares of Digitas common stock for $2.8571 per share.
- [F4]This option becomes fully vested on October 30, 2007, however, should the Reporting Person achieve certain company goals set by the issuer by December 31, 2004, the option will fully vest. This option was assumed by Digitas in the merger and replaced with an option to purchase 70,000 shares of Digitas common stock for $2.8571 per share.
- [F5]This option is fully vested and was assumed by Digitas in the merger and replaced with an option to purchase 7,000 shares of Digitas common stock for $ 7.7857 per share.
- [F6]This option is fully vested and was assumed by Digitas in the merger and replaced with an option to purchase 2,244 shares of Digitas common stock for $2.8571 per share.