YUEN MISAKO 4
4 · SRS LABS INC · Filed Nov 6, 2009
Insider Transaction Report
Form 4
SRS LABS INCSRSL
YUEN MISAKO
10% Owner
Transactions
- Sale
Common Stock
2009-11-05$7.01/sh−70,000$490,364→ 2,799,356 total(indirect: See footnote) - Exercise/Conversion
Common Stock
2009-11-05$3.44/sh+70,000$240,625→ 2,869,356 total(indirect: See footnote) - Exercise/Conversion
Employee Stock Option
2009-11-05−70,000→ 0 total(indirect: By Spouse)Exercise: $3.44Exp: 2009-11-09→ Common Stock (70,000 underlying)
Footnotes (4)
- [F1]Exercise by spouse of non-qualified stock option granted to spouse under the SRS Labs,Inc. Amended and Restated 1996 Long-Term Incentive Plan.
- [F2]2,546,566 shares are held by Family Trust; the balance of shares are held by Reporting Person's spouse.
- [F3]The option shares are exercisable by spouse as follows: 17,500 shares on 11/09/00, 17,500 shares on 11/9/01, 17,500 shares on 11/9/02, and 17,500 shares on 11/9/03.
- [F4]Sale by spouse of Common Stock