HIGGINS THOMAS 4
4 · MEMC ELECTRONIC MATERIALS INC · Filed Jan 10, 2006
Insider Transaction Report
Form 4
HIGGINS THOMAS
Sr. VP, Human Resources
Transactions
- Award
Employee Stock Option (Right to Buy)
2006-01-09+200,000→ 200,000 totalExercise: $25.25Exp: 2016-01-09→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The option to purchase 200,000 shares of common stock was awarded on January 9, 2006 under the MEMC 2001 Equity Incentive Plan in a transaction exempt under Rule 16b-3. The options are exercisable at an exercise price of $25.25 per share. 100,000 options become exercisable in 25% increments on January 9, 2007, January 9, 2008, January 9, 2009 and January9, 2010, respectively. The remaining 100,000 options become exercisable on January 9, 2010.