GLOBECOMM SYSTEMS INC 4
4 · GLOBECOMM SYSTEMS INC · Filed Nov 5, 2007
Insider Transaction Report
Form 4
MILLER KENNETH A
DirectorPresident
Transactions
- Sale
Common Stock
2007-11-01$15.20/sh−2,500$38,006→ 68,344 total - Award
Common Stock
2007-11-05+5,000→ 73,344 total - Exercise/Conversion
Common Stock
2007-11-01$4.42/sh+2,500$11,050→ 70,844 total - Exercise/Conversion
Stock Option
2007-11-01$4.42/sh−2,500$11,050→ 91,468 totalExercise: $4.42Exp: 2011-11-29→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Stock sold pursuant to Mr. Miller's trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]Shares were issued pursuant to a Restricted Stock Grant Agreement providing for a whole number of shares as close as possible to 33% of the total number of shares granted hereunder on the first three anniversaries of the Grant Date, with the first vesting November 5, 2008. This award includes a provision for the automatic withholding of shares to pay for the withholding taxes due on each vesting date.
- [F3]N/A