Filing Details

Accession Number:
0001181431-10-048030
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-09-27 16:38:38
Reporting Period:
2010-09-23
Filing Date:
2010-09-27
Accepted Time:
2010-09-27 16:38:38
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
1260710 M Anna Chagnon C/O Bitstream Inc.
500 Nickerson Road
Marlborough MA 01752-4695
President And Ceo 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 Disposition 2010-09-23 100 $6.75 109,900 No 4 S Direct
Class A Common Stock Disposition 2010-09-24 29,000 $6.81 80,900 No 4 S Direct
Class A Common Stock Acquisiton 2010-09-27 750 $2.50 81,650 No 4 X Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 X 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) Acquisiton 2010-09-27 750 $0.00 750 $2.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2003-10-24 2010-10-24 No 4 X Direct
Footnotes
  1. All non-restricted shares are held jointly with spouse, Michael Chagnon. The balance includes 4,000 restricted shares granted on 05/24/2007 which expires on 05/24/2017 and which vests in equal amounts of 2,000 shares on 05/24/2011 and 05/24/2012; 6,000 restricted shares granted on 05/20/2008 which expires on 05/20/2018 and which vests in equal amounts of 2,000 shares on 05/20/2011, 05/20/2012 and 05/20/2013; 8,000 restricted shares granted on 08/19/2009 which expires on 08/19/2019 and which vests in equal amounts of 2,000 shares each on 08/19/2011, 08/19/2012, 08/19/2013, and 08/19/2014; and 10,000 restricted shares granted on 08/12/2010 which expires on 08/12/2020 and which vests over 5 years in 20 equal amounts of 500 shares on each quarterly anniversary date from the date of grant.
  2. Option exercise by Michael Chagnon, an employee of the Company and Ms. Chagnon's spouse, for which Ms. Chagnon may be considered a beneficial owner.