PENN RICHARD J 4
4 · HUTCHINSON TECHNOLOGY INC · Filed Dec 4, 2009
Insider Transaction Report
Form 4
PENN RICHARD J
Senior VP, Pres of BioM Div
Transactions
- Award
Stock Option (Right to Buy)
2009-12-02+55,000→ 55,000 totalExercise: $7.35Exp: 2019-12-02→ Common Stock (55,000 underlying)
Footnotes (2)
- [F1]This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 13,608 shares are subject to an incentive stock option and 41,392 shares are subject to a non-qualified stock option.
- [F2]The options will become exercisable in two equal installments, with 50% of the shares covered by each of the incentive stock option and the non-qualified stock option exercisable on December 2, 2011, and the remaining shares exercisable on December 2, 2012.