YOUNG STEVEN J 4
4 · FOUNDRY NETWORKS INC · Filed Jun 2, 2004
Insider Transaction Report
Form 4
YOUNG STEVEN J
Director
Transactions
- Award
Common Stock
2004-06-01$13.50/sh+60,000$810,000→ 60,000 totalExercise: $13.50From: 2005-06-01Exp: 2014-06-01→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Automatic option to purchase 60,000 shares of Foundry common stock on the date of each annual stockholders meeting as long as the director has served on the board for at least six months prior to the meeting.
- [F2]Options vest monthly over four years and have a twelve month cliff vesting.