Lowe Marcus D 4
4 · ADAPTEC INC · Filed Dec 18, 2009
Insider Transaction Report
Form 4
ADAPTEC INCADPT
Lowe Marcus D
VP, Marketing & Business Dev
Transactions
- Tax Payment
Common Stock
2009-12-16$3.29/sh−1,834$6,034→ 11,499 total
Holdings
- 196(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents shares that were automatically withheld to cover tax withholding obligations. On December 16, 2009, the Company accelerated 25% of the total restricted stock award granted on August 4, 2008 (as reported on Form 4 filed on August 6, 2008), not to exceed the unvested options as of November 6, 2009, as per the provisions of the 2004 Equity Incentive Plan.