O'Rourke Stephen C. 4
4 · MEMC ELECTRONIC MATERIALS INC · Filed Oct 5, 2010
Insider Transaction Report
Form 4
O'Rourke Stephen C.
SVP, Chief Strategy Officer
Transactions
- Award
Common Stock
2010-10-04+30,000→ 30,000 total - Award
Employee Stock Option (Right to Buy)
2010-10-04+200,000→ 200,000 totalExercise: $11.76Exp: 2020-10-04→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MEMC common stock. The restricted stock units were awarded on October 4, 2010 under the MEMC 2001 Equity Incentive Plan in a transaction exempt under Rule 16b-3.
- [F2]The 30,000 restricted stock units vest in 50% increments on October 4, 2013 and October 4, 2014, respectively.
- [F3]The option to purchase 200,000 shares of common stock was awarded on October 4, 2010 under the MEMC 2001 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and becomes exercisable at an exercise price of $11.76 per share in 10%, 20%, 30% and 40% increments on October 4, 2011, October 4, 2012, October 4, 2013 and October 4, 2014, respectively.