MTM Technologies, Inc. 4
4 · MTM Technologies, Inc. · Filed Apr 19, 2005
Insider Transaction Report
Form 4
Schwartz Alan F
SVP & Chief Financial Officer
Transactions
- Award
Stock Option (Option to Buy)
2005-04-15+24,000→ 24,000 totalExercise: $4.05Exp: 2015-04-15→ Common Stock (24,000 underlying) - Award
Restricted Stock Units
2005-04-15+3,000→ 3,000 totalExercise: $0.00Exp: 2010-04-15→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]The 24,00 options will become exercisable in four equal installments of 6,000 each commencing on 4/15/06.
- [F2]The 3,000 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.