Shutte Peter 4
4 · MATHSTAR INC · Filed Feb 25, 2010
Insider Transaction Report
Form 4
MATHSTAR INCMATH.PK
Shutte Peter
VP Worldwide Sales
Transactions
- Award
Stock Option (right to buy)
2010-02-23+257,250→ 257,250 totalExercise: $1.20Exp: 2019-06-02→ Common Stock (257,250 underlying)
Footnotes (2)
- [F1]Received in connection with merger of Sajan, Inc. into MathStar, Inc. (the "Merger") in exchange for an employee stock option to acquire 210,000 shares of Sajan, Inc. common stock for $2.72 per share.
- [F2]92,124 option shares are fully vested; 5,897 option shares vest on the first day of each month for 27 months, beginning March 1, 2010; the remaining 5,907 option shares vest on June 1, 2012.