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PAXSON COMMUNICATIONS CORP·4

Feb 16, 9:20 AM ET

PAXSON COMMUNICATIONS CORP 4

4 · PAXSON COMMUNICATIONS CORP · Filed Feb 16, 2005

Insider Transaction Report

Form 4
Period: 2005-02-16
PAXSON COMMUNICATIONS CORPPAX
WATSON WILLIAM L
VP, Assistant Secretary
Transactions
  • Exercise of In-Money

    Class A Common Stock

    2005-02-16$0.01/sh+25,000$250→ 28,518 total
  • Award

    Employee Stock Option (right to buy)

    2005-02-16+25,000→ 120,000 total
    Exercise: $0.01From: 2005-02-16Exp: 2005-02-16→ Class A Common Stock (25,000 underlying)
  • Exercise of In-Money

    Employee Stock Option (right to buy)

    2005-02-16−25,000→ 120,000 total
    Exercise: $0.01From: 2005-02-16Exp: 2005-02-16→ Class A Common Stock (25,000 underlying)
Footnotes (1)
  • [F1]Shares restricted as to transferability and subject to forfeiture until vested. Shares vest incrementally as follows: 8,333 on February 15, 2006, 8,333 on February 15, 2007, and 8,334 on February 15, 2008.

Documents

2 files