SONUS NETWORKS INC 4
4 · SONUS NETWORKS INC · Filed Mar 19, 2014
Insider Transaction Report
Form 4
ABBOTT TODD
EVP of Strategy
Transactions
- Award
Stock Option (right to buy)
2014-03-17+400,000→ 400,000 totalExercise: $3.62Exp: 2024-03-17→ Common Stock (400,000 underlying) - Tax Payment
Common Stock
2014-03-17$3.44/sh−26,990$92,846→ 504,598 total
Footnotes (2)
- [F1]PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY.
- [F2]25% of the shares underlying this option vests on March 17, 2015. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months through March 17, 2018.