TECHTEAM GLOBAL INC 4
4 · TECHTEAM GLOBAL INC · Filed Jun 4, 2007
Insider Transaction Report
Form 4
HEYMAN KENT
Director
Transactions
- Award
Common Stock
2007-05-16+850→ 932 total - Award
Common Stock
2007-05-16$11.25/sh+200$2,250→ 1,418 total - Award
Common Stock
2007-05-16$12.50/sh+180$2,250→ 1,598 total - Award
Common Stock
2007-05-31$13.18/sh+16,000$210,880→ 17,598 total - Award
Common Stock
2007-05-16$7.86/sh+286$2,248→ 1,218 total - Award
Option - Right to Buy
2007-05-16+16,000→ 16,000 totalExercise: $9.22From: 2007-05-16Exp: 2016-06-23→ Common Stock (16,000 underlying) - Award
Option - Right to Buy
2007-05-31+24,000→ 24,000 totalExercise: $13.18From: 2007-05-31Exp: 2017-05-31→ Common Stock (24,000 underlying) - Award
Common Stock
2007-05-16$9.15/sh+82$750→ 82 total
Footnotes (5)
- [F1]The stock granted was approved by the Board of Directors on June 23, 2006, subject to the approval of the 2006 Incentive Stock and Awards Plan (the "Plan"). The Plan was approved by the shareholders on May 16, 2007.
- [F2]These shares are awarded as consideration for attendance at meetings of the Board of Directors.
- [F3]These are shares of restricted stock that vest ratably over four years.
- [F4]The stock option granted was approved by the Board of Directors on June 23, 2006, subject to the approval of the Plan. The Plan was approved by the shareholders on May 16, 2007.
- [F5]These options vest as follows: (a) one-half vest ratably on a monthly basis over three years; (b) one-third vest ratably on a monthly basis over two years; and (c) one-sixth vest monthly over one year