Cardenas-Nolazco Armando 4
4 · KNOT INC · Filed Jan 4, 2005
Insider Transaction Report
Form 4
KNOT INCKNOT
Cardenas-Nolazco Armando
Chief Technology Officer
Transactions
- Award
Employee Stock Option (right to buy)
2004-12-31+100,000→ 100,000 totalExercise: $5.05From: 2005-12-31Exp: 2014-12-31→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Twenty-five percent (25%) of the shares shall become exercisable on December 31, 2005. The remaining shares subject to the option shall become exercisable in a series of thirty-six (36) successive equal monthly installments upon the Reporting Person's completion of each month of employment with the Issuer over the three (3) year period measured from December 31, 2005.