MTM Technologies, Inc. 4
4 · MTM Technologies, Inc. · Filed Aug 14, 2006
Insider Transaction Report
Form 4
Stringer Leroy Steven
Executive VP and COO
Transactions
- Award
Stock Option (Option to Buy)
2006-08-10+107,000→ 107,000 totalExercise: $3.03Exp: 2016-08-10→ Common Stock (107,000 underlying) - Award
Restricted Stock Units
2006-08-10+20,000→ 20,000 totalExp: 2016-08-10→ Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Stock option exercise price represents the greater of the closing price of the common stock on (i) August 10, 2006 which was the date of grant and (ii) August 14, 2006 which was the second full trading day following the release of earnings for MTM Technologies, Inc. for its fiscal quarter ended June 30, 2006.
- [F2]The 107,000 shares will become exercisable in four equal annual installments of 26,750 each, commencing on 08/10/07.
- [F3]None.
- [F4]The 20,000 Restricted Stock Units will vest in four equal annual installments of 5,000 each, commencing on 08/10/07.