BURGUM DOUGLAS J 4
4 · SuccessFactors, Inc. · Filed Aug 31, 2011
Insider Transaction Report
Form 4
BURGUM DOUGLAS J
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-06-06+7,844→ 7,844 totalExercise: $32.85→ Common Stock (7,844 underlying) - Award
Restricted Stock Units
2011-06-06+3,044→ 3,044 totalExercise: $0.00→ Common Stock (3,044 underlying)
Footnotes (4)
- [F1]The stock option vests and becomes exercisable as to 1/4th of the shares on each of September 6, 2011, December 6, 2011, March 6, 2012 and June 6, 2012.
- [F2]The option expires on the earlier to occur of (i) June 6, 2018, or (ii) three years after termination of the Reporting Person's term of service on Issuer's Board of Directors.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F4]The restricted stock units vest as to 1/4th of the units on each of September 6, 2011, December 6, 2011, March 6, 2012 and June 6, 2012. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.