Geldart Michael 4
4 · CardioNet, Inc. · Filed Jun 13, 2012
Insider Transaction Report
Form 4
CardioNet, Inc.BEAT
Geldart Michael
SVP-Corp Strategy & Bus Dev.
Transactions
- Award
Common Stock
2012-06-11+20,000→ 20,000 total - Award
Stock Option (right to buy)
2012-06-11+100,000→ 100,000 totalExercise: $2.18Exp: 2022-06-11→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock underlying restricted stock units (RSUs) awarded to the Reporting Person. The RSUs will vest in full on the third anniversary of the grant date, subject to accelerated vesting upon certain terminations of employment following certain corporate transactions involving the Issuer. The shares of common stock underlying the RSUs will be issued when the RSUs vest.
- [F2]Includes 20,000 shares of the Issuer's common stock subject to the reported RSU award.
- [F3]Twenty-Five percent (25%) of the shares subject to the option shall vest in four equal annual installments commencing on the first anniversary of the grant date.