VERTICALNET INC 4
4 · VERTICALNET INC · Filed Sep 12, 2005
Insider Transaction Report
Form 4
VERTICALNET INCVERT
LENTZ NATHANAEL V
DirectorPresident and CEO
Transactions
- Award
Common Stock
2005-09-08$0.01/sh+34,375$344→ 116,908 total
Footnotes (3)
- [F1]Award of Restricted Stock Unit pursuant to 2000 Equity Compensation Plan. 25% of the grant vests on September 8, 2006; 2.083% vests on the eighth day of each month thereafter until and including September 8, 2009 provided reporting person is an employee on those dates.
- [F2]Payable upon distribution of the shares.
- [F3]Includes: 27,778 shares of Common Stock that may be issued upon vesting of Restricted Stock Units; 100% of the 27,778 Restricted Stock Units vest on March 2, 2006 provided the reporting person is an employee on that date; 34,375 shares of Common Stock that may be issued upon vesting of Restricted Stock Units; 25% of the 34,375 Restricted Stock Units vests on May 5, 2006; 2.083% vests on the fifth day of every month thereafter until and including May 5, 2009 provided reporting person is an employee on those dates; and 34,375 shares of Common Stock that may be issued on the vesting of Restricted Stock Units: 25% of the 34,375 Restricted Stock Units vests on September 8, 2006; 2.083% vests on the eighth day of every month thereafter until and including September 8, 2009 provided reporting person is an employee on those dates.