SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Balsam Michael S

(Last) (First) (Middle)
1260 MERCER STREET

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/27/2005
3. Issuer Name and Ticker or Trading Symbol
ONVIA INC [ ONVI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP of Products and Services
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,214 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option Grant(1) 07/12/2002 07/12/2011 1999 Onvia Stock Option Plan 1,000 $3.6 D
Stock Option Grant(2) 01/31/2004 01/31/2013 1999 Onvia Stock Option Plan 12,000 $2.55 D
Stock Option Grant(3) 12/29/2004 11/29/2014 1999 Onvia Stock Option Plan 40,000 $7.5 D
Stock Option Grant(4) 02/26/2005 01/26/2015 1999 Onvia Stock Option Plan 30,000 $8.17 D
Explanation of Responses:
1. This stock option grant was made under Onvia's Amended and Restated 1999 Stock Option Plan and vests as follows: 25% of the total shares granted shall vest and become exerciseable on the first anniversary date and the remaining 75% shall vest and become exerciseable monthly thereafter in 36 equal installments for so long as the Reporting Person remains an employee of Onvia.
2. This stock option grant was made under Onvia's Amended and Restated 1999 Stock Option Plan and vests as follows: 25% of the total shares granted shall vest and become exerciseable on the first anniversary date and the remaining 75% shall vest and become exerciseable monthly thereafter in 36 equal installments for so long as the Reporting Person remains an employee of Onvia.
3. This stock option grant was made under Onvia's Amended and Restated 1999 Stock Option Plan and vests as follows: one-sixtieth (1/60th) of the total shares at the end of each month for so long as the Reporting Person remains an employee of Onvia.
4. This stock option grant was made under Onvia's Amended and Restated 1999 Stock Option Plan and vests as follows: one-sixtieth (1/60th) of the total shares at the end of each month for so long as the Reporting Person remains an employee of Onvia.
Andrew H. Mun, Attorney in Fact 04/27/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.