Borman Michael J 4
4 · BLUE COAT SYSTEMS INC · Filed Jun 20, 2011
Insider Transaction Report
Form 4
Borman Michael J
President and CEO
Transactions
- Award
Restricted Stock Unit
2011-06-16+55,000→ 130,000 totalExercise: $0.00→ Common Stock (55,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2011-06-16+111,000→ 111,000 totalExercise: $21.78From: 2011-09-01Exp: 2018-06-16→ Common Stock (111,000 underlying)
Footnotes (3)
- [F1]The option shall vest over 4 years at the rate of 1/48th per month.
- [F2]Each restricted stock unit represents the contingent right to receive one share of common stock.
- [F3]This award of restricted stock units vests 25% on September 15, 2012, 25% on September 15, 2013, 25% on September 15, 2014 and 25% on September 15, 2015.