BOUTSIKARIS JOHN C 4
4 · ADEPT TECHNOLOGY INC · Filed Mar 8, 2013
Insider Transaction Report
Form 4
BOUTSIKARIS JOHN C
Sr. VP Sales & Marketing
Transactions
- Disposition to Issuer
Common Stock
2013-03-07$3.24/sh−1,224$3,966→ 24,167 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 2/24/13, the award granted on 9/20/12 for 15,000, having had 3,750 shares already vested as of 1/2/2013, will accelerate the vesting of an additional 3,750 of the shares such that 7,500 of the shares will be vested effective as of 3/7/13 and the remaining 7,500 shares shall cease vesting and be cancelled.