MTM Technologies, Inc. 4
4 · MTM Technologies, Inc. · Filed Apr 19, 2005
Insider Transaction Report
Form 4
Kohler John F
SVP & General Counsel
Transactions
- Award
Stock Option (Option to Buy)
2005-04-15+12,000→ 12,000 totalExercise: $4.05Exp: 2015-04-15→ Common Stock (12,000 underlying) - Award
Restricted Stock Units
2005-04-15+1,500→ 1,500 totalExercise: $0.00Exp: 2010-04-15→ Common Stock (1,500 underlying)
Footnotes (2)
- [F1]The 12,000 options will become exercisable in four equal installments of 3,000 each commencing on 04/15/06.
- [F2]The 1,500 Restricted Stock Units vest on 04/15/10, provided that vesting will accelerate in the event that the Common Stock of MTM trades at $10 or higher for any thirty trading days (does not have to be consecutive) within a sixty trading day period, provided further that such trading price based accelerated vesting will not occur prior to 04/15/06.