OPSWARE INC 4
4 · OPSWARE INC · Filed Jun 28, 2007
Insider Transaction Report
Form 4
OPSWARE INCOPSW
VOLPI MICHELANGELO A
Director
Transactions
- Award
Employee stock option (right to buy)
2007-06-26+25,000→ 25,000 totalExercise: $9.28From: 2008-06-26Exp: 2017-06-25→ Common stock (25,000 underlying)
Footnotes (2)
- [F1]In accordance with the Opsware Inc. 2000 Incentive Stock Plan, each outside director continuing to serve on the Board of Directors is issued an automatic formulaic option grant on the day of Opsware's annual shareholder meeting.
- [F2]One-fourth of the shares subject to the option are exercisable on June 26, 2008; one forty-eighth of the shares are exercisable monthly thereafter for a total vesting period of four years.