VSOURCE INC 4
4 · VSOURCE INC · Filed Aug 23, 2005
Insider Transaction Report
Form 4
VSOURCE INCVSCE
Hirschhorn David
DirectorCo-Chief Executive Officer
Transactions
- Award
Common Stock
2005-08-18+1,250,000→ 1,250,000 total
Footnotes (1)
- [F1]On August 18, 2005, the Board of Directors of Vsource, Inc. ("Company") approved an employment agreement dated as of July 18, 2005 (the "Employment Agreement") between Mr. Hirschhorn and Vsource (USA) Inc., a Delaware company and wholly owned subsidiary of the Company. Under the Employment Agreement, Mr. Hirschhorn was granted 1,250,000 shares of the Company's common stock, par value $0.01 per share. These shares are fully vested, but will be restricted and subject to a restricted stock award to be entered into between the Company and Mr. Hirschhorn.