MILTNER CAROL 4
4 · SRS LABS INC · Filed Jun 18, 2009
Insider Transaction Report
Form 4
SRS LABS INCSRSL
MILTNER CAROL
Director
Transactions
- Award
Employee Stock Option
2009-06-17$6.25/sh+25,000$156,250→ 25,000 totalExercise: $6.25From: 2010-06-17Exp: 2019-06-17→ Common Stock (25,000 underlying) - Award
Employee Stock Option
2009-06-17$6.25/sh+15,000$93,750→ 15,000 totalExercise: $6.25From: 2010-06-17Exp: 2019-06-17→ Common Stock (15,000 underlying)
Holdings
- 5,000
Common Stock
Footnotes (2)
- [F1]Nonqualified stock option grant under the SRS Labs,Inc. 2006 Stock Incentive Plan. The option shall vest as follows: 1/4th to vest one year after the date of grant and 1/16th every three months during the next three successive years theraefter measured from June 17, 2010.
- [F2]Nonqualified stock option grant under the SRS Labs, Inc. Amended and Restated 1996 Non-Employee Directors Stock Option Plan. The option shall vest in three equal annual installments commencing on June 17, 2010.