4//SEC Filing
SOMMERER PETER 4
Accession 0001143949-03-000003
CIK 0000752431other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 3:26 PM ET
Size
8.0 KB
Accession
0001143949-03-000003
Insider Transaction Report
Form 4
SOMMERER PETER
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-08-12$8.34/sh+8,000$66,720→ 8,000 totalExercise: $8.34From: 2004-08-12Exp: 2013-08-12→ Common Stock (8,000 underlying)
Footnotes (1)
- [F1](1) 100% vested at grant date with 33 1/3% of the shares becoming exercisable upon the expiration of 12 months fron the grant date. The shares shall continue to become exercisable in a series of 24-successive equal monthly installments beginning 13 months from the grant date and continuing through and until the 36-month following the grant date.
Issuer
NETWORK EQUIPMENT TECHNOLOGIES INC
CIK 0000752431
Entity typeother
Related Parties
1- filerCIK 0001143949
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 3:26 PM ET
- Size
- 8.0 KB