Mendes Michael J 4
4 · Diamond Foods Inc · Filed Sep 26, 2011
Insider Transaction Report
Form 4
Mendes Michael J
DirectorPresident & CEO
Transactions
- Award
Employee Stock Option (right to buy)
2011-09-22+100,368→ 100,368 totalExercise: $91.13Exp: 2021-09-22→ Common Stock (100,368 underlying) - Award
Common Stock
2011-09-22+10,974→ 232,535 total
Holdings
- 1,000(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]Shares will vest, and the Issuer's right to repurchase the shares will lapse, over the 48-month period beginning on September 22, 2011, with one-fourth of the shares vesting every 12 months from that date, provided the executive officer remains in continuous service as an employee or consultant through each such date.
- [F2]Not applicable.
- [F3]Shares were purchased by Mr. Mendes on behalf of his daughter through a custodial account.
- [F4]The stock option will vest and become exercisable as to 25% of the shares on September 22, 2012, and the remainder will vest and become exercisable ratably each calendar quarter over the following 36-month period, provided the executive officer remains in continuous service as an employee or consultant through each such date.