GOODMAN DEAN M 4
4 · PAXSON COMMUNICATIONS CORP · Filed Oct 1, 2004
Insider Transaction Report
Form 4
GOODMAN DEAN M
COO, President
Transactions
- Award
Employee Stock Option (right to buy)
2004-10-01+440,000→ 567,661 totalExercise: $0.01Exp: 2013-10-02→ Class A Common Stock (440,000 underlying) - Disposition to Issuer
Class A Common Stock
2004-10-01−440,000→ 182,467 total
Footnotes (2)
- [F1]The reporting person agreed to cancel shares of stock issued on October 2, 2003 in exchange for new options to purchase a number of shares of stock equal to the cancelled number of shares of stock.
- [F2]80,000 options vest incrementally as follows: 26,667 on October 2, 2004, 26,667 on October 2, 2005, and 26,666 on October 2, 2006. 360,000 options vest on October 2, 2008.