GRAPHON CORP/DE·4

May 16, 6:48 PM ET

SWAIN WILLIAM 4

4 · GRAPHON CORP/DE · Filed May 16, 2011

Insider Transaction Report

Form 4
Period: 2011-05-02
SWAIN WILLIAM
CFO and Secretary
Transactions
  • Award

    Employee Stock Option (right to buy)

    2011-05-02+112,500112,500 total
    Exercise: $0.18From: 2011-05-02Exp: 2021-05-01Common Stock (112,500 underlying)
Footnotes (2)
  • [F1]The option is immediately exercisable, subject to the repurchase of the option shares by the issuer at the exercise price, upon the Reporting Person's termination of service 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

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4