Spansion Inc. 4
4 · Spansion Inc. · Filed Feb 24, 2009
Insider Transaction Report
Form 4
Spansion Inc.SPSN
Manocha Ajit
EVP, Worldwide Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-02-21−7,500→ 22,500 total→ Class A Common Stock (7,500 underlying) - Exercise/Conversion
Class A Common Stock
2009-02-21+7,500→ 7,500 total
Footnotes (2)
- [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]The restricted stock units were granted to the reporting person on February 21, 2008 and vest over a four-year period. One quarter of the shares subject to the award vests on February 21, 2009. The remaining shares subject to the award vest in equal installments quarterly, until 100% vested on February 21, 2012. Vested shares are delivered to the reporting person on each vesting date.