Zhou Jessica 4
4 · Ubiquiti Networks, Inc. · Filed Feb 8, 2013
Insider Transaction Report
Form 4
Zhou Jessica
General Counsel & VP
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-02-06−50,000→ 50,000 totalExercise: $10.77Exp: 2022-11-12→ Common Stock (50,000 underlying) - Award
Restricted Stock Units
2013-02-06+50,000→ 50,000 totalExercise: $0.00→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Ubiquiti Networks, Inc. common stock.
- [F2]The restricted stock unit will vest in four equal annual installments beginning on February 7, 2014. Vested shares will be delivered to the reporting person on each vesting date.
- [F3]Cancellation of 50,000 shares subject to the option grant dated November 12, 2012.
- [F4]1/4 of the shares subject to the option shall vest on October 25, 2013 and 1/48th of the shares to subject to the option shall vest each month thereafter, such that all shares shall be fully vested on October 25, 2016.