DELFASSY GILLES 4
4 · Spansion Inc. · Filed Sep 22, 2009
Insider Transaction Report
Form 4
Spansion Inc.SPSNQ.PK
DELFASSY GILLES
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2009-09-20+1,250→ 13,125 total - Exercise/Conversion
Restricted Stock Units
2009-09-20−1,250→ 10,000 totalExercise: $0.00→ Class A Common Stock (1,250 underlying)
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]Restricted stock units were granted to the reporting person on September 20, 2007 and vest over a four-year period. One quarter of the shares subject to the award vested on the one year anniversary date. The remaining shares subject to the award vest in equal installments quarterly, until 100% vested on September 20, 2011. Vested shares are delivered to the reporting person on each vesting date.