ZipRealty 8-K 2009
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): September 9, 2009
(Exact name of registrant as specified in its charter)
2000 Powell Street, Suite 300
Emeryville, CA 94608
(Address of principal executive offices)
Registrants telephone number, including area code: (510) 735-2600
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
(e) On September 9, 2009, at a regularly scheduled meeting, the Compensation Committee of the Board of Directors of ZipRealty, Inc. (the Company) granted an option to purchase 50,000 shares of the Companys common stock to the following named executive officer: Robert J. Yakominich, Senior Vice President, Sales. The stock option vests as to 25% of the shares on the first anniversary of the date of grant and then vests ratably on a monthly basis over the following three years, subject to the officers continued service to the Company on those dates. The option was granted at an exercise price of $4.17 per share, which was the closing price of the Companys common stock on the NASDAQ Global Market on the date of grant.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.