-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JWBhqFvzfHRdk2oI2lg/T4jIz247qBXTCMRWUuJUomrVjG3pml28Rk+DxMvg4pN+ 999qh9BnIAxAtPzcwl8dig== 0001209191-09-040576.txt : 20090813 0001209191-09-040576.hdr.sgml : 20090813 20090813180244 ACCESSION NUMBER: 0001209191-09-040576 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090812 FILED AS OF DATE: 20090813 DATE AS OF CHANGE: 20090813 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Combes Genevieve Claire CENTRAL INDEX KEY: 0001383909 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51002 FILM NUMBER: 091011654 MAIL ADDRESS: STREET 1: 2000 POWELL STREET STREET 2: SUITE 300 CITY: EMERYVILLE STATE: CA ZIP: 94608 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ZIPREALTY INC CENTRAL INDEX KEY: 0001142512 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 943319956 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2000 POWELL STREET, SUITE 1555 CITY: EMERYVILLE STATE: CA ZIP: 94608 BUSINESS PHONE: 510-735-2600 MAIL ADDRESS: STREET 1: 2000 POWELL STREET, SUITE 1555 CITY: EMERYVILLE STATE: CA ZIP: 94608 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2009-08-12 0 0001142512 ZIPREALTY INC ZIPR 0001383909 Combes Genevieve Claire 2000 POWELL STREET SUITE 300 EMERYVILLE CA 94608 0 1 0 0 SVP, Tech. & Ops. Strategy Common Stock 2009-08-12 4 F 0 2682 3.16 D 12318 D Stock Option (right to buy) 3.20 2009-08-01 2016-07-23 Common Stock 4167 4167 D Stock Option (right to buy) 3.20 2009-08-01 2016-07-23 Common Stock 2500 2500 D Stock Option (right to buy) 3.20 2009-08-01 2016-07-23 Common Stock 5834 5834 D Stock Option (right to buy) 3.20 2009-08-01 2016-07-23 Common Stock 10000 10000 D Stock Option (right to buy) 3.20 2009-08-01 2016-07-23 Common Stock 40000 40000 D Stock Option (right to buy) 5.97 2007-08-09 2016-08-08 Common Stock 40000 40000 D Stock Option (right to buy) 7.11 2008-03-27 2017-03-26 Common Stock 40000 40000 D Stock Option (right to buy) 4.97 2009-05-21 2018-05-20 Common Stock 45000 45000 D These shares include 15,000 shares of restricted stock granted on February 12, 2009, of which 7,500 vested on August 12, 2009, and 7,500 shall vest on February 12, 2010, less 2,682 shares surrendered as reported herein to satisfy a tax withholding obligation on these newly vested shares, in accordance with the terms of the related Restricted Stock Award Agreement. This vesting schedule is subject to the employee remaining in a service relationship with the Company on such dates and also to change-of-control terms contained in separate agreement(s). Pursuant to the option exchange program of ZipRealty, Inc. ("Issuer"), Issuer canceled a 10-year option granted to the reporting person with an exercise price equal to or greater than $8.00 per share. In exchange for every two Eligible Options surrendered at this exercise price, the reporting person received one New Option with a seven-year life at an exercise price of $3.20 per share, which was the closing sale price of Issuer's common stock on the NASDAQ Global Market on July 24, 2009. The New Options vest at the rate of 1/36 per month on the first date of each month until fully vested, subject to the reporting person remaining a service provider to Issuer. Pursuant to the option exchange program of ZipRealty, Inc. ("Issuer"), Issuer canceled a 10-year option granted to the reporting person with an exercise price between $4.59 and $7.99 per share. In exchange for every three Eligible Options surrendered at this exerise price, the reporting person received two New Options with a seven-year life at an exercise price of $3.20 per share, which was the closing sale price of Issuer's common stock on the NASDAQ Global Market on July 24, 2009. The New Options vest at the rate of 1/36 per month on the first date of each month until fully vested, subject to the reporting person remaining a service provider to Issuer. One-fourth of the shares subject to the option vested and became exercisable on August 9, 2007, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter. One-fourth of the shares subject to the option vested and became exercisable on March 27, 2008, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter. One-fourth of the shares subject to the option vested and became exercisable on May 21, 2009, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter. /s/ David A. Rector, Attorney in Fact 2009-08-13 -----END PRIVACY-ENHANCED MESSAGE-----