HILLS DAVID B 4
4 · LOOKSMART LTD · Filed Aug 9, 2005
Insider Transaction Report
Form 4
LOOKSMART LTDLOOK
HILLS DAVID B
DirectorCEO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-08-05+500,000→ 500,000 totalExercise: $0.62From: 2005-08-05Exp: 2015-08-05→ Common Stock (500,000 underlying)
Holdings
- 1,750,000
Non-Qualified Stock Option (right to buy)
Exercise: $1.73From: 2005-10-25Exp: 2014-10-27→ Common Stock (1,750,000 underlying) - 250,000
Non-Qualified Stock Option (right to buy)
Exercise: $2.80From: 2005-10-25Exp: 2014-10-27→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]The total number of shares subject to the option vest at the rate of 1/48th per month beginning on this date.
- [F2]The total number of shares subject to the option vest at the rate of one-quarter (1/4) on this date, and 1/48th of the shares shall vest at the end of each full month thereafter.