Filing Details

Accession Number:
0001181431-10-043414
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-24 13:24:37
Reporting Period:
2010-08-19
Filing Date:
2010-08-24
Accepted Time:
2010-08-24 13:24:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
818813 Bitstream Inc BITS Services-Computer Programming Services (7371) 042744890
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1260707 Costas Kitsos C/O Bitstream Inc.
500 Nickerson Road
Marlborough MA 01752-4695
Vice Pres., Engineering No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2010-08-19 10,000 $2.03 30,300 No 4 X Direct
Class A Common Stock Disposition 2010-08-19 10,000 $6.13 20,300 No 4 S Direct
Class A Common Stock Acquisiton 2010-08-20 20,000 $2.03 40,300 No 4 X Direct
Class A Common Stock Disposition 2010-08-20 20,000 $5.88 20,300 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 S Direct
No 4 X Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (right to buy) Disposition 2010-08-19 10,000 $0.00 10,000 $2.03
Class A Common Stock Employee Stock Option (right to buy) Disposition 2010-08-20 20,000 $0.00 20,000 $2.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,400 2003-12-11 2010-12-11 No 4 X Direct
12,400 2003-12-11 2010-12-11 No 4 X Direct
Footnotes
  1. Balance includes 2,000 restricted shares granted on 05/24/2007 which expires on 05/24/2017 and which vests in equal amounts of 1,000 shares on 05/24/2011 and 05/24/2012; 3,000 restricted shares granted on 05/20/2008 which expires on 05/20/2018 and which vests in equal amounts of 1,000 shares on 05/20/2011, 05/20/2012 and 05/20/2013; 5,000 restricted shares granted on 08/19/2009 which expires on 08/19/2019 and which vests in equal amounts of 1,000 shares each on 08/19/2010, 08/19/2011, 08/19/2012, 08/19/2013, and 08/19/2014; and 5,000 restricted shares granted on 08/12/2010 which expires on 08/12/2020 and which vests over 5 years in 20 equal amounts of 250 shares on each quarterly anniversary date from the date of grant.