PAXSON COMMUNICATIONS CORP 4
4 · PAXSON COMMUNICATIONS CORP · Filed Jun 16, 2005
Insider Transaction Report
Form 4
Rajewski Raymond S
Director
Transactions
- Exercise of In-Money
Employee Stock Option (right to buy)
2005-06-16−80,000→ 0 totalExercise: $0.01From: 2005-06-16Exp: 2005-06-16→ Class A Common Stock (80,000 underlying) - Award
Employee Stock Option (right to buy)
2005-06-16+80,000→ 0 totalExercise: $0.01From: 2005-06-16Exp: 2005-06-16→ Class A Common Stock (80,000 underlying) - Exercise of In-Money
Class A Common Stock
2005-06-16$0.01/sh+80,000$800→ 80,000 total
Footnotes (1)
- [F1]Shares restricted as to transferability and subject to forfeiture until vested. Shares vest incrementally as follows: 16,000 on June 10, 2006, 16,000 on June 10, 2007, 16,000 on June 10, 2008, 16,000 on June 10, 2009 and 16,000 on June 10, 2010.