SUMMERS JOSEPH 4
4 · DIGITAL FUSION INC/NJ/ · Filed Jan 20, 2005
Insider Transaction Report
Form 4
DIGITAL FUSION INC/NJ/DIGF.OB
SUMMERS JOSEPH
V.P. Strategic Planning
Transactions
- Award
Stock Option (right to buy)
2005-01-18$2.40/sh+27,000$64,800→ 177,000 totalExercise: $2.40Exp: 2015-01-18→ Common Stock (27,000 underlying)
Footnotes (1)
- [F1]The options shall vest one hundred percent (100%) when the Company is awarded no less than $3.0 million in contract award(s) attributable to the employee's efforts. Only the first twelve (12) months of anticipated revenue from contract award(s) shall count toward the $3.0 million goal for purposes of this vesting.