DIGITAL FUSION INC/NJ/ 4
4 · DIGITAL FUSION INC/NJ/ · Filed Aug 17, 2005
Insider Transaction Report
Form 4
DIGITAL FUSION INC/NJ/DIGF.OB
Lyons Eugene Edward III
Vice President, IT Services
Transactions
- Award
Stock Options (Right to Buy)
2005-08-15$2.38/sh+32,750$77,781→ 140,000 totalExercise: $2.38Exp: 2015-08-15→ Common Stock, par value $.01 per share (32,750 underlying)
Footnotes (1)
- [F1]The options vest as follows: 10,917 vest on 8/15/2005, 10,917 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; 10,916 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.