Holt Judson 4
4 · UNIFY CORP · Filed Jul 6, 2011
Insider Transaction Report
Form 4
UNIFY CORPUNFY
Holt Judson
Sr. VP, CS and Operations
Transactions
- Award
Stock Option
2011-07-01$1.92/sh+22,500$43,200→ 22,500 totalExercise: $1.92Exp: 2021-07-01→ Common Stock (22,500 underlying) - Award
Stock Option
2011-07-01$1.92/sh+7,500$14,400→ 7,500 totalExercise: $1.92Exp: 2021-07-01→ Common Stock (7,500 underlying)
Holdings
- 21,000
Stock Option
Exercise: $2.90Exp: 2021-05-02→ Common Stock (21,000 underlying)
Footnotes (3)
- [F1]Option granted 5/2/11, pursuant to the 2010 Stock Option Plan and vests 33% upon issuance of the stock option with 33% vesting over the next 12 months and the remaining 33% over the following 12 months. Option is exercisable to the extent vested.
- [F2]Option granted 7/1/11, pursuant to the 2010 Stock Option Plan and vests monthly as to one forty-eighth (1/48th) of the subject shares upon completion of each full month of continuous employment with Unify Corporation. Option is exercisable to the extent vested.
- [F3]Option granted 7/1/11, pursuant to the 2010 Stock Option Plan and vests over a three-year period with sixty-seven (67%) percent vesting on April 30, 2013 and the remainder will vest evenly as to 1/12th per month until the option is fully vested on April 30, 2014 if specific stock price appreciation goals are achieved.