CUMMINS LISA M 4
4 · ADEPT TECHNOLOGY INC · Filed Oct 9, 2012
Insider Transaction Report
Form 4
CUMMINS LISA M
VP Finance & CFO
Transactions
- Disposition to Issuer
Common Stock
2012-10-04$4.10/sh−3,438$14,096→ 40,169 total
Footnotes (2)
- [F1]Represents shares forfeited for the payment of applicable income and payroll withholding taxes due accelerated vesting of restricted stock granted on 9/20/12.
- [F2]Per Separation Agreement dated 10/4/12, the award granted on 9/20/12 for 25,000, having had 3125 shares already vested on 10/1/12, will accelerate the vesting of an additional 9,375 of the shares such that 12,500 of the shares will be vested effective as of 10/4/12 and the remaining 12,500 shares shall cease vesting and be cancelled.