4//SEC Filing
Saidi Morteza 4
Accession 0001179110-07-020715
CIK 0000105006other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 4:46 PM ET
Size
7.3 KB
Accession
0001179110-07-020715
Insider Transaction Report
Form 4
Saidi Morteza
VP, Engineering
Transactions
- Award
Restricted Stock Unit
2007-10-30+75,000→ 75,000 totalExercise: $0.00From: 2011-10-30→ Common Stock (75,000 underlying)
Holdings
- 10,692
Common Stock
Footnotes (3)
- [F1]This amount represents the following items for the reporting person;(a) An award of 10,000 shares of restricted stock offset by 4,226 shares withheld by the Company to cover tax withholding obligations of vested shares on January 16, 2007; (b) 8,010 shares of common stock issued without payment for vested restricted stock units offset by 3,092 shares to cover tax withholding obligations for the vested units.
- [F2]Each restricted stock unit represents a contingent right to receive one share without payment of WJ Communications Inc. common stock.
- [F3]The restricted stock units shall vest on October 30, 2011 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.
Documents
Issuer
WJ COMMUNICATIONS INC
CIK 0000105006
Entity typeother
Related Parties
1- filerCIK 0001349837
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 4:46 PM ET
- Size
- 7.3 KB