FAVRILLE INC 4
4 · FAVRILLE INC · Filed Jun 21, 2007
Insider Transaction Report
Form 4
FAVRILLE INCFVRL
MINOCHERHOMJEE ARDA PHD
Director10% Owner
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2007-06-20+12,500→ 12,500 totalExercise: $3.88Exp: 2017-06-19→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]The shares subject to this option shall vest as follows: 1/12th of the shares shall vest and become exercisable monthly over the next year, such that the shares subject to the option will be fully vested and exercisable on June 20, 2008.
- [F2]Effective 6-21-2007, Dr. Minocherhomjee resigned from the Favrille, Inc. Board of Directors. The shares subject to this option grant will cancel effective with his resignation on 6-21-2007.