KRAMER HANS 4
4 · NETWORK EQUIPMENT TECHNOLOGIES INC · Filed Aug 20, 2004
Insider Transaction Report
Form 4
KRAMER HANS
EXC.150.VP Product Dev
Transactions
- Exercise/Conversion
Common Stock
2004-08-18$3.52/sh+3,000$10,560→ 9,389 total - Sale
Common Stock
2004-08-18$6.67/sh−3,000$20,000→ 6,389 total - Sale
Common Stock
2004-08-18$6.63/sh−2,000$13,268→ 6,389 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-08-18$6.67/sh−3,000$20,000→ 7,500 totalExercise: $3.52From: 2002-04-17Exp: 2011-04-17→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]Sale of shares acquired from Network Equipment Technologies, Inc. 1998 Employee Stock Purchase Plan
- [F2]Shares granted under N.E.T. 1993 Stock Option Plan. Options vest 25% after one year, thereafter in a series of 36 equal monthly installments.