ADAPTEC INC 4
4 · ADAPTEC INC · Filed Jul 18, 2006
Insider Transaction Report
Form 4
ADAPTEC INCADPT
CASTOR JON
Director
Transactions
- Award
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)
2006-07-17+32,500→ 32,500 totalExercise: $4.03Exp: 2016-07-16→ COMMON STOCK (32,500 underlying)
Footnotes (1)
- [F1]A TOTAL OF 32,500 OPTION SHARES WERE GRANTED ON 07/17/2006. THE OPTION SHARES VEST AT THE RATE OF 25% OF THE TOTAL GRANT ON 7/17/2007, AND AN ADDITIONAL 6.25% OF THE TOTAL GRANT VESTS AT THE END OF EACH THREE MONTH PERIOD THEREAFTER, SUCH THAT THE TOTAL GRANT WILL BE FULLY VESTED ON 7/17/2010.