Spansion Inc. 4
4 · Spansion Inc. · Filed Apr 30, 2008
Insider Transaction Report
Form 4
Spansion Inc.SPSN
CAMBOU BERTRAND F
DirectorPresident & CEO
Transactions
- Award
Restricted Stock Units
2008-04-28+88,000→ 88,000 total→ Class A Common Stock (88,000 underlying) - Exercise/Conversion
Class A Common Stock
2008-04-28+7,144→ 147,502 total - Exercise/Conversion
Restricted Stock Units
2008-04-28−7,144→ 28,576 total→ Class A Common Stock (7,144 underlying) - Award
Employee Stock Option (right to buy)
2008-04-28+220,000→ 220,000 totalExercise: $3.02Exp: 2015-04-28→ Class A Common Stock (220,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Spansion Inc. Class A Common Stock. There is no exercise price or expiration date.
- [F2]Restricted stock units were granted to the reporting person on December 15, 2005, and vest over a four-year period. 28,575 shares subject to the award vested on April 28, 2006. The remaining shares subject to the award vest in equal installments, quarterly, until fully vested on April 28, 2009. Vested shares are delivered to the reporting person on each vesting date.
- [F3]Options were granted on April 28, 2008, and vest over a four-year period according to the following schedule: One-fourth of the shares subject to the option shall vest on April 28, 2009, and the remaining shares subject to the option shall vest in equal installments, quarterly, until fully vested on April 28, 2012.
- [F4]Restricted stock units were granted to the reporting person on April 28, 2008, and vest over a four-year period. 22,000 shares subject to the award shall vest on April 28, 2009. The remaining shares subject to the award vest in equal installments, quarterly, until fully vested on April 28, 2012. Vested shares are delivered to the reporting person on each vesting date.