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4//SEC Filing

SUMMERS JOSEPH 4

Accession 0001312815-05-000003

CIK 0001057257other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 5:08 PM ET

Size

6.1 KB

Accession

0001312815-05-000003

Insider Transaction Report

Form 4
Period: 2005-01-03
SUMMERS JOSEPH
V.P. Strategic Planning
Transactions
  • Award

    Stock Option (Right to Buy)

    2005-01-03$2.63/sh+150,000$393,750150,000 total
    Exercise: $2.63Exp: 2015-01-03Common Stock, par value $.01 per share (150,000 underlying)
Footnotes (1)
  • [F1]The options vest as follows: 50,000 vest on 1/3/2005; 50,000 vest when the issuer's trailing 4 quarters revenue is more than $25 million with minimum net income of $1.75 or the issuer's trailing 4 quarters earnings is more than $2.5 million; and 50,000 vest when the issuer's trailing 4 quarters revenue is more than $35 million with minimum net income of $2.5 million or the issuer's trailing 4 quarters earnings is more than $3.5 million.

Issuer

DIGITAL FUSION INC/NJ/

CIK 0001057257

Entity typeother

Related Parties

1
  • filerCIK 0001312153

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:08 PM ET
Size
6.1 KB