PAXSON COMMUNICATIONS CORP 4
4 · PAXSON COMMUNICATIONS CORP · Filed Feb 16, 2005
Insider Transaction Report
Form 4
Hedge Tammy G
VP, Controller, CAO
Transactions
- Award
Employee Stock Option (right to buy)
2005-02-16+9,000→ 60,000 totalExercise: $0.01From: 2005-02-16Exp: 2005-02-16→ Class A Common Stock (9,000 underlying) - Exercise of In-Money
Class A Common Stock
2005-02-16$0.01/sh+9,000$90→ 9,000 total - Exercise of In-Money
Employee Stock Option (right to buy)
2005-02-16−9,000→ 60,000 totalExercise: $0.01From: 2005-02-16Exp: 2005-02-16→ Class A Common Stock (9,000 underlying)
Footnotes (1)
- [F1]Shares restricted as to transferability and subject to forfeiture until vested. Shares vest incrementally as follows: 3,000 on February 15, 2006, 3,000 on February 15, 2007, and 3,000 on February 15, 2008.