ADEPT TECHNOLOGY INC 4
4 · ADEPT TECHNOLOGY INC · Filed Nov 9, 2009
Insider Transaction Report
Form 4
MARTIN HERB
Director
Transactions
- Award
1 Non-Qualified Stock Option (right to buy)
2009-11-06$2.85/sh+3,000$8,550→ 3,000 totalExercise: $2.85From: 2009-12-09Exp: 2019-11-06→ Common Stock (3,000 underlying)
Footnotes (1)
- [F1]Per 2004 Director Option Plan, Automatic annual grant of option to purchase 3,000 shares at the next meeting of the Board of Directors following the annual meeting of the shares of the Company. Exercisable as to 1/48th of the shares subject to the option on each monthly anniversary of its date of grant, provided that the Optionee continues to serve as a Director as of such dates.