DILWORTH ROBERT 4
4 · GRAPHON CORP/DE · Filed May 16, 2011
Insider Transaction Report
Form 4
GRAPHON CORP/DEGOJO.OB
DILWORTH ROBERT
DirectorCEO and Chariman
Transactions
- Award
Employee stock option (right to buy)
2011-05-02+187,500→ 187,500 totalExercise: $0.18From: 2011-05-02Exp: 2021-05-01→ Common Stock (187,500 underlying)
Footnotes (2)
- [F1]The option is immediately exercisable, subject to the repurchase of the options shares by the issuer at the exercise price, upon the Reporting Person's termination of services prior to full vesting. The repurchase right lapses and the option vests in 33 equal monthly installments beginning on September 2, 2011.
- [F2]Not Applicable