CHESLER LAWRENCE D 4
4 · NAVTEQ CORP · Filed Jan 6, 2005
Insider Transaction Report
Form 4
NAVTEQ CORPNVT
CHESLER LAWRENCE D
Senior VP, Corporate Affairs
Transactions
- Award
Common Stock
2004-08-06+1,440→ 1,440 total - Award
Option (Right to Buy)
2004-08-06+4,940→ 4,940 totalExercise: $22.00Exp: 2014-08-06→ Common Stock (4,940 underlying) - Award
Option (Right to Buy)
2002-05-15+107,142→ 107,142 totalExercise: $0.10Exp: 2012-05-15→ Common Stock (107,142 underlying)
Footnotes (6)
- [F1]To be issued pursuant to restricted stock units. Pursuant to a Separation Agreement between Mr. Chesler and NAVTEQ (the "Separation Agreement"), the restrictions will lapse as to 25% of the restricted stock units on February 1st of each year until May 31, 2006.
- [F2]N/A.
- [F3]The option becomes exercisable as to 25% of the underlying shares on February 1, 2005 and as to approximately 2.08% of the underlying shares per month thereafter until May 31, 2006. Pursuant to the Separation Agreement (defined above), this option will cease to vest on May 31, 2006 and Mr. Chesler has until August 29, 2006 to exercise this option to the extent this option has vested as of May 31, 2006.
- [F4]N/A.
- [F5]The option is fully vested. Pursuant to the Separation Agreement (defined above), Mr. Chesler has until March 31, 2005 to exercise this option.
- [F6]N/A.