SEXTON KEN 4

4 · PEREGRINE SYSTEMS INC · Filed Aug 11, 2003

Form 4

Period: 2003-08-07

Executive VP and CFO

Transactions

Other
Common Stock
2003-08-07−100,000→ 0 total
Other
Stock Option (Right to Buy)
2003-08-07−900,000→ 0 total
Exercise: $0.28From: 2003-08-21Exp: 2012-08-21→ Common Stock (900,000 underlying)
Other
Common Stock
2003-08-07+0→ 0 total
Other
Stock Option (Right to Buy)
2003-08-07+22,567→ 22,567 total
Exercise: $11.17From: 2003-08-21Exp: 2012-08-21→ Common Stock (22,567 underlying)

Footnotes (4)

[F1]See attached Exhibit 99.
[F2]This option has not been disposed of, but adjusted as described in footnote 4 below.
[F3]Subject to the terms of the option plan and option agreement governing the option and the reporting person's employment agreement with the Issuer, this option becomes exercisable with respect to 25% of the total of underlying shares on the first anniversary of the date of grant (8/22/02) and with respect to an additional 2.083% of the total number of underlying shares monthly thereafter for the next three years.
[F4]This option has not been newly acquired. Pursuant to the Plan and the terms of this option, the number of shares subject to, and the exercise price of, this stock option have been adjusted. The exercise price and number of shares subject to this option may be subject to further adjustment pursuant to the Plan.

Documents

2 files