Basart Edwin J 4
4 · ShoreTel Inc · Filed Aug 16, 2011
Insider Transaction Report
Form 4
ShoreTel IncSHOR
Basart Edwin J
DirectorCTO
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2011-08-15+40,000→ 40,000 totalExercise: $8.02From: 2012-08-15Exp: 2021-08-15→ Common Stock (40,000 underlying) - Award
Restricted Stock Unit
2011-08-15+8,000→ 8,000 totalExercise: $0.00From: 2012-08-15Exp: 2021-08-15→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]Option vests as to 25% of the shares on 08/15/2012, and vests as to 1/48th of the shares each month over the next three years thereafter.
- [F2]RSU vests as to 25% of the shares on 08/15/2012, and vests 25% on the two year anniversary, vests 25% on the three year anniversary, and the final 25% on the four-year anniversary.