CHYRON CORP 4
4 · CHYRON CORP · Filed Aug 6, 2008
Insider Transaction Report
Form 4
CHYRON CORPCGS
Greenthal Richard P
Director
Transactions
- Award
Options
2008-07-31+15,000→ 35,835 totalExercise: $5.87Exp: 2018-07-31→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Option granted at 5.87
- [F2]The first 5,000 are scheduled to vest 1/12th at the end of each month in the 12 months following 7/31/2008. The second 5,000 are scheduled to vest on 7/31/2010 and the third 5,000 on 7/31/2011. If the director leaves the Board prior to 7/31/2009, any unvested options are forfeited. If the director is on the Board at 7/31/2009, all the options will vest as per the above described vesting schedule regardless of whether the director remains on the Board after 7/31/2009.