Powell Stephen John 4
4 · Phase Forward Inc · Filed May 1, 2009
Insider Transaction Report
Form 4
Powell Stephen John
V.P., Quality & Reg Compliance
Transactions
- Sale
Common Stock
2009-04-29$15.25/sh−2,500$38,125→ 106,938 total - Exercise/Conversion
Stock Option (Right to Buy)
2009-04-29−3,334→ 0 totalExercise: $6.62From: 2006-03-07Exp: 2015-03-07→ Common Stock (3,334 underlying) - Exercise/Conversion
Common Stock
2009-04-29$6.62/sh+3,334$22,071→ 109,438 total
Footnotes (3)
- [F1]This number reflects the number of securities beneficially owned after taking into account all of the reported transactions and includes shares that were acquired pursuant to restricted stock and restricted stock unit awards under the Phase Forward Incorporated 2004 Stock Option and Incentive Plan, some of which are subject to certain restrictions that will lapse at predetermined dates.
- [F2]The sales reported on this form were made pursuant to a written plan adopted in accordance with SEC Rule 10b5-1 on February 13, 2009.
- [F3]This option was exercisable and vested over four years at the rate of 25% on the date listed in the table, and the balance vested in equal monthly installments over the remaining 36 months.