Isacks Kevin Neil 4
4 · NETWORK EQUIPMENT TECHNOLOGIES INC · Filed Aug 6, 2012
Insider Transaction Report
Form 4
Isacks Kevin Neil
Chief Development Officer
Transactions
- Tax Payment
Common Stock
2012-05-05$1.00/sh−312$312→ 11,229 total - Exercise/Conversion
Common Stock
2012-08-05+750→ 11,979 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2012-05-05−750→ 750 totalExercise: $0.00From: 2012-02-05Exp: 2012-11-05→ Common Stock (750 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2012-08-05−750→ 0 totalExercise: $0.00From: 2012-02-05Exp: 2012-11-05→ Common Stock (750 underlying) - Exercise/Conversion
Common Stock
2012-05-05+750→ 11,541 total - Tax Payment
Common Stock
2012-08-05$1.35/sh−275$371→ 11,704 total
Footnotes (2)
- [F1]Represents shares of common stock withheld for tax purposes upon the vesting of restricted stock units.
- [F2]1/8 of the total shares under this RSU (6,000 shares originally granted) vest every 3 months from the date of grant.