GRAPHON CORP/DE·4

Sep 12, 7:25 PM ET

Eilam Eldad 4

4 · GRAPHON CORP/DE · Filed Sep 12, 2011

Insider Transaction Report

Form 4
Period: 2011-09-08
Eilam Eldad
DirectorCEO, Pres.
Transactions
  • Award

    Employee Stock Option (right to buy)

    2011-09-08+1,000,0001,000,000 total
    Exercise: $0.28From: 2011-09-08Exp: 2021-09-07Common Stock (1,000,000 underlying)
Footnotes (2)
  • [F1]The option is immediately exercisable, subject to the repurchase of the option 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 January 8, 2012.
  • [F2]Not Applicable

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4