MCNIEL JAMES P 4
4 · FALCONSTOR SOFTWARE INC · Filed May 17, 2011
Insider Transaction Report
Form 4
MCNIEL JAMES P
Interim President and CEO
Transactions
- Award
Stock Option (right to buy)
2011-05-09+1,220,000→ 1,220,000 totalExercise: $3.22Exp: 2021-01-11→ Common Stock (1,220,000 underlying)
Footnotes (1)
- [F1]The options were granted under a Stand-Alone Stock Option Agreement, dated as of January 11, 2011, which was approved by the Company's stockholders on May 9, 2011. The options will become exercisable as follows: 402,600 on January 11, 2012; 402,600 on January 11, 2013; and 414,800 on January 1, 2014.