Minerva Thomas Ernest 4
4 · ENHERENT CORP · Filed May 1, 2006
Insider Transaction Report
Form 4
ENHERENT CORPENHT
Minerva Thomas Ernest
Director
Transactions
- Award
Option to purchase Common Stock
2006-01-09+300,000→ 300,000 totalExercise: $0.13From: 2006-01-09Exp: 2016-01-08→ Common Stock (300,000 underlying)
Holdings
- 38,359
Option to purchase Common Stock
Exercise: $0.13From: 2005-04-01Exp: 2015-02-28→ Common Stock (38,359 underlying) - 20,000
Option to purchase common stock
Exercise: $0.20Exp: 2015-06-01→ Common Stock (20,000 underlying) - 76,718
Option to purchase Common Stock
Exercise: $0.13From: 2005-04-01Exp: 2014-02-28→ Common Stock (76,718 underlying)
Footnotes (5)
- [F1]One-third was vested on April 1, 2005, one-third vests on March 1, 2006 and one-third vests on March 1, 2007.
- [F2]Two-thirds was vested on April 1, 2005 and one-third vests on March 1, 2006.
- [F3]Granted pursuant to the 2005 Stock Incentive Plan.
- [F4]Option vests as to 10,000 shares upon grant and 10,000 shares on June 2, 2006.
- [F5]Option vests as to: (i) 50,000 upon grant; (ii) 125,000 shares on December 31, 2006; and (iii) 125,000 shares on December 31, 2007.