Hemendinger David S 4
4 · Summer Infant, Inc. · Filed Nov 22, 2011
Insider Transaction Report
Form 4
Hemendinger David S
Chief Operating Officer
Transactions
- Award
Common Stock
2011-11-21+20,000→ 20,000 total - Award
Employee Stock Option (Right to Buy)
2011-11-21+40,000→ 40,000 totalExercise: $6.70Exp: 2021-11-21→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Represents award of restricted stock, of which one-fourth will vest on each of the first, second, third and fourth anniversary of the November 21, 2011 grant date.
- [F2]25% of the total number of shares subject to the option shall vest and become exercisable on each of the first, second, third and fourth anniversaries of the November 21, 2011 vesting commencement date.