COWELL RICHARD 4
4 · MICROVISION INC · Filed Jun 10, 2011
Insider Transaction Report
Form 4
MICROVISION INCMVIS
COWELL RICHARD
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-06-09+15,000→ 15,000 totalExercise: $1.15From: 2012-06-09Exp: 2021-06-09→ Common Stock (15,000 underlying) - Award
Common Stock
2011-06-09+8,696→ 25,488 total
Footnotes (2)
- [F1]This stock grant was issued in lieu of 50% of the annual cash fee payable to the reporting person for service as an Independent Director of Microvision, Inc. for the 2011-2012 service period.
- [F2]The reporting person vests ownership in the stock option on the earlier of one year from the grant date or the day prior to the next regularly scheduled annual shareholders' meeting, subject to the terms of the 2006 Incentive Plan.