Macromedia Multimedia Showcase 6.0

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Bitmap Image | 1996-10-31 | 206KB | 615x332 | 8-bit (35 colors)

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OCR: As of March 31. 1996 options to purchase 1,869 848 shares of common stock were exercisable under the plans The Company has recorded deferred compensation of $415 .000 for the difference between the grant price and the deemed fair value of the common stock underlying the options issued in con nection with the iband acquisition in March 1996 This amount to be amortized over the vesting period of the individual options generally four years