Waterman Jack L 4
4 · VITALSTREAM HOLDINGS INC · Filed Mar 6, 2007
Insider Transaction Report
Form 4
Waterman Jack L
Chief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2007-02-20−24,074→ 0 total - Disposition to Issuer
Options (Rights to Buy)
2007-02-20−300,000→ 0 totalExercise: $8.88From: 2007-07-13Exp: 2011-07-13→ Common Stock (300,000 underlying) - Disposition to Issuer
Options (Rights to Buy)
2007-02-20−792,500→ 0 totalExercise: $2.28From: 2006-05-20Exp: 2015-06-01→ Common Stock (792,500 underlying) - Disposition to Issuer
Options (Rights to Buy)
2007-02-20−72,500→ 0 totalExercise: $5.40From: 2006-12-16Exp: 2010-12-16→ Common Stock (72,500 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between issuer and Internap (INAP) in exchange for 12,355 shares of Internap (INAP) common stock on the effective date of the merger.
- [F2]This option provided that 1/3 vested on May 20, 2006, and 1/12 vest at the end of each quarter thereafter until fully vested. All of the shares subject to this option became fully vested upon the merger. The option was assumed by Internap in the merger and replaced with a fully vested option to purchase 406,711 shares of Internap common stock for $4.45 per share.
- [F3]This option, which provided that 1/4 vested on December 16, 2006, and 1/16 vest at the end of each quarter thereafter until fully vested, was assumed by Internap in the merger and replaced with a fully vested option to purchase 11,627 shares of Internap common stock for $10.52 per share.
- [F4]This option, which provided that 1/4 vest on 07/13/07 and 1/16 vest at the end of each quarter thereafter, was cancelled in connection with the merger.