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PAXSON COMMUNICATIONS CORP·4

Aug 20, 2:28 PM ET

Hedge Tammy G 4

4 · PAXSON COMMUNICATIONS CORP · Filed Aug 20, 2004

Insider Transaction Report

Form 4
Period: 2004-08-20
PAXSON COMMUNICATIONS CORPPAX
Hedge Tammy G
VP, Controller, CAO
Transactions
  • Exercise of In-Money

    Employee Stock Option (right to buy)

    2004-08-20$0.01/sh−60,000$600→ 0 total
    Exercise: $0.01From: 2004-08-20Exp: 2004-08-20→ Class A Common Stock (60,000 underlying)
  • Exercise of In-Money

    Class A Common Stock

    2004-08-20$0.01/sh+60,000$600→ 60,000 total
  • Award

    Employee Stock Option (right to buy)

    2004-08-20$0.01/sh+60,000$600→ 0 total
    Exercise: $0.01From: 2004-08-20Exp: 2004-08-20→ Class A Common Stock (60,000 underlying)
Footnotes (1)
  • [F1]Shares restricted as to transferability and subject to forfeiture until vested. 51,000 shares vest on the fifth anniversary of the grant. 9,000 shares vest in three equal annual installments beginning on July 19, 2005.

Documents

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