Dadone Theresa L 4
4 · ACCURAY INC · Filed Oct 4, 2011
Insider Transaction Report
Form 4
ACCURAY INCARAY
Dadone Theresa L
SVP HROther
Transactions
- Award
Common Stock
2011-09-30+6,000→ 33,599 total - Sale
Common Stock
2011-10-01$3.55/sh−1,045$3,709→ 32,554 total - Award
Non-Qualified Stock Option (right to buy)
2011-09-30+23,000→ 23,000 totalExercise: $4.01Exp: 2021-09-30→ Common Stock (23,000 underlying)
Holdings
- 1,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]The restricted stock units (RSUs) are released as they vest. A total of 25% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 25% a year on each anniversiary of the vesting commencement date over the remaining three years.
- [F2]Shares were automatically sold in accordance with Accuray policy for all restricted stock unit (RSU) releases in order to cover tax obligations upon RSU release and is consistent with Accuray practices for all RSU releases of employees located in the United States.
- [F3]The shares are held in the Carlsted Family Trust.
- [F4]The shares subject to this stock option become vested and fully exercisable in equal monthly installments, ratably over a period of 48-months, beginning on October 1, 2011.