Sundaresh Subramanian 4
4 · ADAPTEC INC · Filed Jan 6, 2010
Insider Transaction Report
Form 4
ADAPTEC INCADPT
Sundaresh Subramanian
President & CEO
Transactions
- Tax Payment
Common Stock
2010-01-04$3.45/sh−20,499$70,722→ 268,345 total
Footnotes (1)
- [F1]Represents shares that were automatically withheld to cover tax withholding obligations. On January 4, 2010, the Company accelerated 100% of the total stock awards granted on August 4, 2008 (as reported on Form 4 filed on August 6, 2008), as per the Separation Agreement between the Company and Mr. Sundaresh.