CHRENC ROBERT J 4/A
4/A · SYMBOL TECHNOLOGIES INC · Filed Apr 28, 2004
Insider Transaction Report
Form 4/AAmended
CHRENC ROBERT J
Director
Transactions
- Other
Option
2003-12-15−50,000→ 50,000 totalExercise: $16.79From: 2004-12-15Exp: 2013-12-14→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]On April 26, 2004, the Compensation Committee of the Board of Directors, as administrators of the 2000 Directors' Stock Option Plan (the "Plan"), amended the Plan to provide that any options granted under the Plan that remain unvested as of January 1, 2005 shall become fully vested on January 1, 2005. The acceleration of the vesting schedule is reflected by this filing.
- [F2]25 percent (25%) of these options were scheduled to vest on 12/15/04 and 25 percent (25%) were scheduled to vest on each of the next 3 consecutive one-year anniversary dates of that date.
- [F3]25 percent (25%) of these options vest on 12/15/04 and 75 percent (75%) of these options vest on 1/1/05.