4//SEC Filing
Noellert John 4
Accession 0000709804-09-000044
CIK 0000709804other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 1:59 PM ET
Size
11.7 KB
Accession
0000709804-09-000044
Insider Transaction Report
Form 4
ADAPTEC INCADPT
Noellert John
VP, World Wide Sales
Transactions
- Exercise/Conversion
Common Stock
2009-11-10$2.86/sh+10,000$28,600→ 92,337 total - Sale
Common Stock
2009-11-10$3.25/sh−31,620$102,765→ 50,717 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2009-11-10$3.25/sh−10,000$32,500→ 58,672 totalExercise: $2.86Exp: 2016-08-03→ Common Stock (10,000 underlying) - Sale
Common Stock
2009-11-11$3.25/sh−34,051$110,666→ 16,666 total - Sale
Common Stock
2009-11-10$3.25/sh−10,000$32,500→ 82,337 total
Footnotes (1)
- [F1]A total of 120,000 stock options were granted on 08/03/2009, of which 51,328 are Incentive Stock options and 68,672 are Non-Qualified Stock Options. The aggregate of these options vest at the rate of 8.33% of the total option shares at the end of each three month period, such that the total option shares will be fully vested on 08/03/2012.
Documents
Issuer
ADAPTEC INC
CIK 0000709804
Entity typeother
Related Parties
1- filerCIK 0001449092
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 1:59 PM ET
- Size
- 11.7 KB