Cherukuri Ravikrishna 4
4 · MIPS TECHNOLOGIES INC · Filed Aug 17, 2010
Insider Transaction Report
Form 4
Cherukuri Ravikrishna
Vice President of Engineering
Transactions
- Award
Restricted Stock Units
2010-08-16+16,000→ 16,000 totalExp: 2013-08-16→ Common Stock (16,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-08-16$6.00/sh+40,000$240,000→ 40,000 totalExercise: $6.00Exp: 2017-08-16→ Common Stock (40,000 underlying)
Footnotes (3)
- [F1]This option will vest over thirty-six (36) months at a rate of one thirty-sixth (1/36) per month beginning with the first monthly anniversary of the grant date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]One-third (1/3) of the restricted stock units vest on each of the first three (3) anniversaries of August 16, 2010, subject to the reporting person's continued employment with the Company on each such date.