LIBERMAN GREGORY R 4
4 · SPARK NETWORKS INC · Filed Jan 7, 2009
Insider Transaction Report
Form 4
LIBERMAN GREGORY R
President and COO
Transactions
- Disposition to Issuer
Employee Share Option (right to buy)
2009-01-05−107,000→ 0 totalExercise: $4.06Exp: 2014-09-20→ Common Stock (107,000 underlying) - Disposition to Issuer
Employee Share Option (right to buy)
2009-01-05−150,000→ 0 totalExercise: $6.05Exp: 2013-12-04→ Common Stock (150,000 underlying) - Award
Employee Share Option (right to buy)
2009-01-05+357,000→ 357,000 totalExercise: $3.00Exp: 2016-01-05→ Common Stock (357,000 underlying) - Disposition to Issuer
Employee Share Option (right to buy)
2009-01-05−100,000→ 0 totalExercise: $6.96Exp: 2009-10-25→ Common Stock (100,000 underlying)
Footnotes (8)
- [F1]The option vested 6.25% quarterly from October 25, 2004.
- [F2]On January 5, 2009 (the "Grant Date"), the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on October 25, 2004. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
- [F3]The option vests 6.25% quarterly from November 27, 2006.
- [F4]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on December 4, 2006. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
- [F5]The option provided for 25% of the options to vest on September 20, 2007 and 6.25% quarterly, thereafter.
- [F6]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on September 20, 2007. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
- [F7]150,565 of the options will vest on January 5, 2010 and the remaining options will vest monthly in equal installments until four (4) years after the Grant Date.
- [F8]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, options previously granted to the reporting person as described in footnotes (2), (4) and (6) above. In exchange, the reporting person received replacement options on the Grant Date, for the same number of shares cancelled in the aggregate, having an exercise price of $3.00 per share.