BOOKHAM TECHNOLOGY PLC 4
4 · BOOKHAM TECHNOLOGY PLC · Filed Sep 24, 2004
Insider Transaction Report
Form 4
Abely Stephen
Chief Financial Officer
Transactions
- Award
Employee stock option (right to buy)
2004-09-22$6.73/sh+30,000$201,900→ 30,000 totalExercise: $6.73Exp: 2014-09-21→ Common stock (30,000 underlying)
Footnotes (2)
- [F1]Option vests over a period of 48 months. Twenty-five percent of the shares underlying the option vest one year from the date of grant, the remaining seventy-five percent of the shares underlying the option vest thereafter at a rate of 1/36th per month.
- [F2]Fifty percent of the option vests upon Bookham, Inc. achieving profitability and the remaining fifty percent of the option vests upon Bookham, Inc. achieving cash break-even. On September 22, 2009, all of the unvested option vests.