ANTS SOFTWARE INC 4
4 · ANTS SOFTWARE INC · Filed Apr 27, 2005
Insider Transaction Report
Form 4
Pearce Boyd
President and COO
Transactions
- Award
Option to Purchase Common Stock
2005-04-25+1→ 1,505,000 totalExercise: $2.31From: 2005-04-25Exp: 2015-04-24→ Common Stock (750,000 underlying)
Footnotes (1)
- [F1]Item 9 includes an option grant dated 10/19/2004 for 100,000 shares, exercise price $1.45, fully vested; an option grant dated 10/19/2004 for 650,000 shares, exercise price $1.45, subject to the following vesting schedule: 16.6% shall vest six months from the vesting measurement date, thereafter, 2.78% shall vest each month, 100% vested after three years; a warrant dated 12/03/2004 for 5,000 shares, exercise price $2.00, fully vested; an option grant dated 4/25/2005 for 750,000 shares, exercise price $2.31, subject to the following vesting schedule; 2.78% shall vest each month, 100% vested after three years.