Geldart Michael 4
4 · CardioNet, Inc. · Filed Feb 21, 2013
Insider Transaction Report
Form 4
CardioNet, Inc.BEAT
Geldart Michael
SVP-Corp Strategy & Bus Dev.
Transactions
- Award
Common Stock
2013-02-19+19,200→ 39,200 total - Award
Stock Option (right to buy)
2013-02-19+31,475→ 31,475 totalExercise: $2.50Exp: 2023-02-19→ Common Stock (31,475 underlying)
Footnotes (2)
- [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]The shares shall vest at the rate of 25% on December 31 and on each of the first, second, and third anniversaries of the Vesting Commencement Date, provided that the Optionholder remains in Continuous Service through the applicable vesting date.