Home > Insider Trading > Filing (0001209191-13-015680)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1142512	Ziprealty Inc	ZIPR	Real Estate Agents & Managers (For Others) (6531)	943319956

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1475223	Samantha Harnett	2000 Powell Street Suite 300 Emeryville CA 94608	Senior Vp, Gc & Secretary	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
Common Stock	Acquisiton	2013-03-11	16,351	$2.90	32,223	No	4	M	Direct
Common Stock	Disposition	2013-03-11	16,351	$3.50	15,872	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2013-03-11	16,351	$0.00	40,000	$2.90
Common Stock	Stock Option (right to buy)	Acquisiton	2013-02-27	33,333	$0.00	33,333	$1.25

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
23,649	2012-03-05	2021-03-04	No	4	M	Direct
33,333	2013-02-27	2022-03-07	No	4	A	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (right to buy)	$4.90	2011-03-04	2020-03-03	20,000	20,000	Direct
Common Stock	Stock Option (right to buy)	$4.97	2009-05-21	2018-05-20	30,000	30,000	Direct
Common Stock	Stock Option (right to buy)	$4.79	2008-12-11	2017-12-10	6,000	6,000	Direct
Common Stock	Stock Option (right to buy)	$3.20	2009-08-01	2016-07-23	2,500	2,500	Direct
Common Stock	Stock Option (right to buy)	$3.20	2009-08-01	2016-07-23	2,500	2,500	Direct
Common Stock	Stock Option (right to buy)	$3.20	2009-08-01	2016-07-23	12,000	12,000	Direct
Common Stock	Stock Option (right to buy)	$3.80	2010-11-01	2019-10-31	30,000	30,000	Direct
Common Stock	Stock Option (right to buy)	$1.25	2013-03-08	2022-03-07	33,334	33,334	Direct
Common Stock	Stock Option (right to buy)	$1.25	2013-03-08	2022-03-07	33,333	33,333	Direct
Common Stock	Stock Option (right to buy)	$2.87	2013-12-06	2022-12-05	100,000	100,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-03-03	20,000	20,000	Direct
2018-05-20	30,000	30,000	Direct
2017-12-10	6,000	6,000	Direct
2016-07-23	2,500	2,500	Direct
2016-07-23	2,500	2,500	Direct
2016-07-23	12,000	12,000	Direct
2019-10-31	30,000	30,000	Direct
2022-03-07	33,334	33,334	Direct
2022-03-07	33,333	33,333	Direct
2022-12-05	100,000	100,000	Direct

Footnotes

These shares include 15,000 shares of restricted stock granted on December 6, 2012, which are scheduled to vest in one year, in accordance with the terms of the related Restricted Stock Award Agreement.
One-fourth of the shares subject to the option vest and become exercisable on the Exercisable Date, and one forty-eighth of the shares vest and become exercisable on the first day of each calendar month thereafter.
The shares subject to the option are fully vested.
One-fourth of the shares subject to the option shall vest and become exercisable on March 8, 2013, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter; provided, however, that the option will accelerate and vest in full if the Company's closing stock price on the NASDAQ Stock Market is equal to or greater than $5.00 per share for a period of 120 consecutive days.
On March 8, 2012, the reporting person was granted an option to purchase 33,333 shares of common stock. This option would vest in full on the date that the Compensation Committee determined that the Company had achieved adjusted EBITDA profitability for full year 2012, and it would be forfeited if the Compensation Committee determined that the vesting event had not occurred. On February 27, 2013, the Compensation Committee determined that the vesting event had occurred, and the option vested in full.