PINNACLE SYSTEMS INC 4
4 · PINNACLE SYSTEMS INC · Filed Jun 3, 2005
Insider Transaction Report
Form 4
Anderson Jay
Chief Information OfficerOther
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-05-28+30,000→ 30,000 totalExercise: $7.26From: 2005-05-28Exp: 2014-05-28→ Common Stock (30,000 underlying) - Other
Common Stock
2005-04-29$3.43/sh+5,000$17,128→ 6,799 total - Award
Non-Qualified Stock Option (right to buy)
2004-09-17+15,000→ 15,000 totalExercise: $3.62From: 2006-09-17Exp: 2014-09-17→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]The option has a two-year vesting period in which the option will be fully vested and exercisable two years from the date of grant.
- [F2]Twenty-five percent of the Shares subject to the Option shall be exercisable one year from the date of grant, and 1/48th of the Shares subject to the Option shall be exercisable monthly thereafter for 36 months.