Singhal Dave M 4
4 · MIPS TECHNOLOGIES INC · Filed Feb 28, 2011
Insider Transaction Report
Form 4
Singhal Dave M
VP of Corporate Development
Transactions
- Award
Common Stock
2011-02-24+50,000→ 50,000 total - Award
Non-Qualified Stock Option (right to buy)
2011-02-24$12.17/sh+125,000$1,521,250→ 125,000 totalExercise: $12.17Exp: 2018-02-24→ Common Stock (125,000 underlying)
Footnotes (2)
- [F1]One-third (1/3) of the restricted stock units vest on each of the first three anniversaries of February 24, 2012, subject to the reporting person's continued employment with the Company on such date.
- [F2]One-third (1/3) of the shares subject to this Option shall vest twelve (12) months after the Grant Date, and one thirty-sixth (1/36) of the shares subject to this Option shall vest on each monthly anniversary of the Grant Date.