CASTOR JON 4
4 · ADPT Corp · Filed Dec 9, 2010
Insider Transaction Report
Form 4
ADPT CorpADPT
CASTOR JON
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-12-07+12,500→ 12,500 totalExercise: $2.93Exp: 2020-12-07→ Common Stock (12,500 underlying) - Award
Restricted Stock Unit
2010-12-07+12,500→ 12,500 totalExercise: $0.00→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]A total of 12,500 Non-Qualified Stock Options were granted on December 7, 2010 from the Company's 2006 Director Plan. The option shall vest in four equal quarterly installments with the first vesting being March 7, 2011, such that the option is fully vested on the earlier of December 7, 2011 or the date in which the director ceases to be a member on the Company's Board of Directors for any reason.
- [F2]Represents a Restricted Stock Unit from the Company's 2006 Director Plan for 12,500 shares of common stock that will be fully vested on the earlier of December 7, 2011 or the date in which the director ceases to be a member on the Company's Board of Directors for any reason.
- [F3]Not Applicable