DALESSIO FREDERICK D 4
4 · NETWORK EQUIPMENT TECHNOLOGIES INC · Filed Aug 5, 2011
Insider Transaction Report
Form 4
DALESSIO FREDERICK D
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-08-05−15,000→ 0 totalExercise: $0.00From: 2011-08-05Exp: 2011-08-05→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2011-08-05+15,000→ 40,000 total
Footnotes (2)
- [F1]Upon vesting, each restricted stock unit was converted into an equivalent number of shares of NWK common stock.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of NWK common stock.