FORBES CRAIG 4
4 · NETWORK EQUIPMENT TECHNOLOGIES INC · Filed Oct 24, 2003
Insider Transaction Report
Form 4
FORBES CRAIG
EXC.135.VP Strategic Initiativ
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-10-23$9.92/sh−7,000$69,408→ 18,500 totalExercise: $3.52From: 2002-04-17Exp: 2011-04-17→ Common Stock (7,000 underlying) - Exercise/Conversion
Common Stock
2003-10-23$3.52/sh+7,000$24,640→ 12,303 total - Sale
Common Stock
2003-10-23$9.92/sh−7,000$69,408→ 5,303 total
Footnotes (1)
- [F1]Shares granted under N.E.T. 1993 Stock Option Plan.