WEINSTEIN ADAM K 4
4 · PAXSON COMMUNICATIONS CORP · Filed Feb 4, 2005
Insider Transaction Report
Form 4
WEINSTEIN ADAM K
CLO, Senior VP, Secretary
Transactions
- Exercise of In-Money
Class A Common Stock
2005-02-04$0.01/sh+110,000$1,100→ 147,692 total - Award
Employee Stock Option (right to buy)
2005-02-04+110,000→ 80,000 totalExercise: $0.01From: 2005-02-04Exp: 2005-02-04→ Class A Common Stock (110,000 underlying) - Exercise of In-Money
Employee Stock Option (right to buy)
2005-02-04−110,000→ 80,000 totalExercise: $0.01From: 2005-02-04Exp: 2005-02-04→ Class A Common Stock (110,000 underlying)
Footnotes (1)
- [F1]Shares restricted as to transferability and subject to forfeiture until vested. 90,000 shares vest on January 1, 2010. 20,000 shares vest incrementally as follows: 6,667 on January 1, 2006, 6,667 on January 1, 2007, and 6,666 on January 1, 2008.