4//SEC Filing
LE FRANCOIS P 4
Accession 0000752431-10-000049
CIK 0000752431other
Filed
Nov 4, 8:00 PM ET
Accepted
Nov 5, 6:11 PM ET
Size
6.7 KB
Accession
0000752431-10-000049
Insider Transaction Report
Form 4
LE FRANCOIS P
Vice President, Sales
Transactions
- Award
Common Stock
2010-11-03+1,572→ 17,621 total - Disposition to Issuer
Common Stock
2010-11-05$3.45/sh−576$1,987→ 17,045 total
Footnotes (3)
- [F1]Restricted Stock Units granted pursuant to Issuer's 2008 Equity Incentive Plan. 100% of the shares subject to the Restricted Stock Units will vest on November 5, 2010. Vested shares will be delivered to the reporting person on the vesting date.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of NWK common stock.
- [F3]Represents shares of common stock withheld for tax purposes upon the vesting of restricted stock units.
Documents
Issuer
NETWORK EQUIPMENT TECHNOLOGIES INC
CIK 0000752431
Entity typeother
Related Parties
1- filerCIK 0001454494
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 8:00 PM ET
- Accepted
- Nov 5, 6:11 PM ET
- Size
- 6.7 KB