Jaffe Jeffrey M 4
4 · NOVELL INC · Filed Sep 23, 2009
Insider Transaction Report
Form 4
NOVELL INCNOVL
Jaffe Jeffrey M
Exec. Vice President & CTO
Transactions
- Award
Common Stock
2009-09-21+1,004→ 207,498 total
Footnotes (2)
- [F1]Represents shares of common stock that may be issued upon the vesting of a like number of restricted stock units granted on September 21, 2009. As restricted stock units vest, the vested units are automatically converted to common stock on a one-for-one basis without payment of additional consideration on the vesting date. The restriced stock units will vest in three equal installments on September 21, 2010, September 21, 2011, and September 21, 2012.
- [F2]Represents a restricted stock unit award granted to the reporting person under Novell's Patent Award Program.