RADISYS CORP 4
4 · RADISYS CORP · Filed Feb 15, 2017
Insider Transaction Report
Form 4
RADISYS CORPRSYS
Wilson Jonathan
Chief Financial Officer
Transactions
- Sale
Common Stock
2017-02-13$3.88/sh−25,000$97,048→ 88,225 total - Award
Common Stock
2017-02-13+27,500→ 124,490 total - Tax Payment
Common Stock
2017-02-13$3.90/sh−11,265$43,934→ 113,225 total
Holdings
- 6,107(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Performance restricted stock units were granted on March 28, 2016 under the 2007 Stock Plan. Performance conditions relating to Tranche 1 of such performance restricted stock units were determined satisfied on February 13, 2017 and Tranche 1 of the performance restricted stock units vested on February 13, 2017. For each restricted stock unit that vested, one share of Common Stock was automatically delivered to the reporting person .
- [F2]The disposition of directly held shares reported on this form solely represents shares surrendered back to the company as payment of taxes on the vesting of peformance-based restricted stock units.
- [F3]The shares with respect to this transaction were sold at prices ranging from $3.80 to $3.95 per share, which were sold for tax purposes and financial planning. Following the sale, the reporting person remains in compliance with the applicable ownership threshold under the Company's stock ownership guidelines. The price shown is a weighted average sale price for shares sold in multiple transactions. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.