SEARS JOHN D 4
4 · VCAMPUS CORP · Filed Dec 15, 2004
Insider Transaction Report
Form 4
VCAMPUS CORPVCMP
SEARS JOHN D
Director
Transactions
- Award
Common Stock
2004-12-14$1.62/sh+3,086$4,999→ 43,367 total
Holdings
- 10,000
Stock Option (Right to Buy)
Exercise: $2.00Exp: 2014-06-15→ Common Stock (10,000 underlying) - 1,000
Stock Option (Right to Buy)
Exercise: $1.47Exp: 2014-01-01→ Common Stock (1,000 underlying) - 750
Stock Option (Right to Buy)
Exercise: $9.38From: 2001-02-27Exp: 2006-02-27→ Common Stock (750 underlying) - 3,538
Common Stock Warrant (Right to Buy)
Exercise: $17.92From: 2001-05-29Exp: 2006-05-29→ Common Stock (3,538 underlying)
Footnotes (2)
- [F1]The stock options granted to the Reporting Person under the Issuer's 1996 Stock Plan become exercisable one-fourth upon each of the fifth, sixth, seventh and eighth anniversaries of the date of grant (subject to acceleration of 250 shares on each date the Reporting Person attends one of the four regularly scheduled Board meeting in person during the year of grant).
- [F2]The stock options granted to the Reporting Person under the Issuer's 1996 Stock Plan become exercisable one-fourth upon each of the fifth, sixth, seventh and eigthth anniversaries of the date of grant (subject to acceleration of 2,500 shares on each date the Reporting Person attends one of the four regularly scheduled Board meetings in person prior to the 2005 Annual Stockholders' Meeting).