WJ COMMUNICATIONS INC 4
4 · WJ COMMUNICATIONS INC · Filed Aug 14, 2006
Insider Transaction Report
Form 4
GROWITZ RAINER N
VP Finance
Transactions
- Award
Restricted Stock Unit
2006-08-10+31,500→ 31,500 totalExercise: $0.00From: 2010-08-10→ Common Stock (31,500 underlying)
Holdings
- 48,054
Common Stock
Footnotes (3)
- [F1]Includes 43,410 shares of common stock assigned to the Growitz Family Trust, which insider and spouse have 100% control and 4,644 shares of common stock acquired under the WJ Communications 2001 Employee Stock Purchase Plan in April 2002.
- [F2]Each restricted stock unit represents a contingent right to receive one share of WJ Communications, Inc. common stock.
- [F3]The restricted stock units shall vest on August 10, 2010 if the reporting person has continued to be actively employed by the Company through that date. The reporting person shall have an opportunity to receive on an accelerated basis a portion of such shares at the end of each fiscal 6-month period, based on the extent to which the Company satisfies its corporate performance objectives for that 6-month fiscal period and the extent to which the reporting person has met his individual management business objectives for the period.