SACHS ROBERT J 4
4 · BigBand Networks, Inc. · Filed May 20, 2011
Insider Transaction Report
Form 4
SACHS ROBERT J
Director
Transactions
- Award
Stock Option (right to buy)
2011-05-18+19,300→ 19,300 totalExercise: $2.35Exp: 2021-05-17→ Common Stock (19,300 underlying) - Award
Restricted Stock Units
2011-05-18+12,800→ 12,800 total→ Common Stock (12,800 underlying)
Footnotes (3)
- [F1]The option vests at the rate of 1/12th of the shares subject to the option each month beginning on June 18, 2011, subject to the reporting person's continued service to the company.
- [F2]Each restricted stock unit represents a contingent right to receive one share of BBND common stock.
- [F3]The restricted stock units vest in four (4) equal quarterly installments beginning on August 18, 2011. Vested shares will be delivered to the reporting person on or about each such vesting date.