PITTMAN TODD 4
4 · SANCHEZ COMPUTER ASSOCIATES INC · Filed Nov 14, 2003
Insider Transaction Report
Form 4
PITTMAN TODD
Chief Financial Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-11-12$4.10/sh+12,000$49,200→ 12,000 totalExercise: $4.10→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]Options vest 50% starting six months from the date of grant and another 50% on the first anniversary of the grant date.
- [F2]Each vested segment of the option has a five-year term from the date it first becomes exercisable.