Horowitz Seth R. 4
4 · FALCONSTOR SOFTWARE INC · Filed May 10, 2011
Insider Transaction Report
Form 4
Horowitz Seth R.
VP, Gen. Counsel and Secretary
Transactions
- Award
Stock Option (right to buy)
2011-05-09+50,000→ 50,000 totalExercise: $4.12Exp: 2021-05-09→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The options were granted under the Company's 2006 Incentive Stock Plan, as amended. 16,500 of the options will become exercisable on May 9, 2012, an additional 16,500 of the options will become exercisable on May 9, 2013, and the remaining 17,000 of the options will become exercisable on May 9, 2014.