Zwirn Randy H 4
4 · MEMC ELECTRONIC MATERIALS INC · Filed Mar 6, 2013
Insider Transaction Report
Form 4
Zwirn Randy H
Director
Transactions
- Award
Restricted Stock Units
2013-03-04+8,750→ 8,750 total→ Common Stock (8,750 underlying) - Award
Employee Stock Options (Right to Buy)
2013-03-04$4.81/sh+25,000$120,250→ 25,000 totalExercise: $4.81Exp: 2023-03-04→ Common Stock (25,000 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 March 4, 2013 under the MEMC 2010 Equity Incentive Plan in a transaction exempt under Rule 16b-3.
- [F2]The 8,750 restricted stock units vest on March 4, 2014. Vested shares will be delivered to the reporting person within 30 days of the cessation of the reporting person's services on MEMC's Board of Directors.
- [F3]The option to purchase 25,000 shares of common stock was awarded on March 4, 2013 under the MEMC 2010 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and become exercisable at an exercise price of $4.81 in 25% increments on March 4, 2014, March 4, 2015, March 4, 2016 and March 4, 2017, respectively.