TII NETWORK TECHNOLOGIES, INC. 4
4 · TII NETWORK TECHNOLOGIES, INC. · Filed Jun 8, 2007
Insider Transaction Report
Form 4
Harman Susan
Director
Transactions
- Award
Director Stock Option (Right to buy) 06/07/2007
2007-06-07+24,000→ 24,000 totalExercise: $2.58Exp: 2017-06-06→ Common Stock (24,000 underlying) - Award
Director Stock Option (Right to buy) 06/07/2007
2007-06-07+15,000→ 15,000 totalExercise: $2.58Exp: 2017-06-06→ Common Stock (15,000 underlying) - Award
Common Stock, $.01 par value
2007-06-07+4,554→ 4,554 total
Footnotes (3)
- [F1]Received, subject to potential forfeiture, $11,750 of Company Common Stock in lieu of annual director's fees.
- [F2]Exercisable as to 12.5% of the number of shares subject to the option in each quarterly period, on a cumulative basis, commencing one year after the date of grant.
- [F3]Exercisable as to 25% of the number of shares subject to the option in each quarterly period, on a cumulative basis, commencing on the date of grant.