WELSCH NORMAN F 4
4 · INFODATA SYSTEMS INC · Filed Oct 5, 2004
Insider Transaction Report
Form 4
WELSCH NORMAN F
Chief Financial Officer
Transactions
- Award
Incentive Stock Option (right to buy)
2004-10-01+5,000→ 5,000 totalExercise: $1.55From: 2004-10-01Exp: 2014-10-01→ Common Stock (5,000 underlying) - Purchase
Common Stock
2004-10-01$1.40/sh+4,032$5,625→ 28,478 total
Holdings
- 5,000
Incentive Stock Option (right to buy)
Exercise: $1.65From: 2004-07-01Exp: 2014-07-01→ Common Stock (5,000 underlying) - 40,000
Incentive Stock Option (right to buy)
Exercise: $0.82From: 2003-07-30Exp: 2013-07-30→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]Option vests six months after issuance and is then exercisable to the extent of 1/16th every three months.