Pautz Connie L. 4
4 · HUTCHINSON TECHNOLOGY INC · Filed Dec 1, 2011
Insider Transaction Report
Form 4
Pautz Connie L.
VP of Human Resources
Transactions
- Award
Common Stock
2011-11-29+7,500→ 7,500 total - Award
Employee Stock Option (Right to Buy)
2011-11-29+15,000→ 15,000 totalExercise: $1.70Exp: 2021-11-29→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]The restricted stock unit shares will become vested in three equal installments, with 1/3 vesting on November 29, 2012, 1/3 vesting on November 29, 2013, and the remaining restricted stock unit shares vesting on November 29, 2014. The restricted stock unit shares will vest in the form of one share of common stock per restricted stock unit share.
- [F2]Includes 7,500 restricted stock unit shares that have not vested as of the date of this report.
- [F3]The stock option shares will become exercisable in two equal installments, with 50% of the option shares exercisable on November 29, 2013, and the remaining option shares exercisable on November 29, 2014.