PRIPP OLOF 4
4 · GRIC COMMUNICATIONS INC · Filed Apr 8, 2004
Insider Transaction Report
Form 4
PRIPP OLOF
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-04-06$3.50/sh+35,000$122,500→ 35,000 totalExercise: $3.50From: 2004-04-06Exp: 2014-04-06→ Common Stock (35,000 underlying)
Footnotes (1)
- [F1]The option to purchase is immediately exercisable although the shares exercised will be subject to restrictions on transfer and subject to repurchase. The option vests as to 20% of the total number of shares ten months after the date of grant and thereafter at the rate of two percent of the total shares per month.