DTS, INC. 4
4 · DTS, INC. · Filed Jul 6, 2006
Insider Transaction Report
Form 4
DTS, INC.DTSI
WISSMULLER JAN
Sr VP, Engineering & Prod Dev
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2006-07-05−1,500→ 13,750 totalExercise: $1.02From: 2003-09-16Exp: 2012-09-15→ Common Stock (1,500 underlying) - Sale
Common Stock
2006-07-05$20.01/sh−1,500$30,015→ 2,501 total - Exercise/Conversion
Common Stock
2006-07-05$1.02/sh+1,500$1,530→ 4,001 total
Footnotes (2)
- [F1]Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2006.
- [F2]The option is immediately exercisable, but shares purchased upon exercise of such option are subject to repurchase by the Issuer at the option exercise price in the event the Reporting Person's services to the Issuer terminate prior to the date the shares vest. 25% of the option shares vest on the date reported herein with the remaining shares vesting in 3 equal annual installments thereafter.