Earnshaw William E 4
4 · INTELLON CORP · Filed Jun 25, 2009
Insider Transaction Report
Form 4
INTELLON CORPITLN
Earnshaw William E
Senior VP Engineering
Transactions
- Sale
Common Stock
2009-06-23$5.00/sh−2,600$13,000→ 187,534 total - Award
Common Stock
2009-06-01+32,019→ 190,134 total - Disposition to Issuer
Employee Stock Option (right-to-buy)
2009-06-01−65,000→ 0 totalExercise: $5.69Exp: 2018-02-25→ Common Stock (65,000 underlying)
Footnotes (6)
- [F1]Issued pursuant to the issuer's option exchange program.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Intellon Corporation's common stock.
- [F3]25% vests on the six-month anniversary of the replacement grant date, with the remaining unvested portion vesting quarterly thereafter over the succeeding 3 years. Vesting is conditioned upon continued employment through each applicable vesting date.
- [F4]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2009.
- [F5]Cancelled pursuant to the issuer's option exchange program.
- [F6]The cancelled option provided for vesting of 25% at the end of the 12 month period following February 29, 2008, with the remaining shares vesting quarterly thereafter over the succeeding 3 years.