Busby C Ann 4
4 · DTS, INC. · Filed Jun 8, 2010
Insider Transaction Report
Form 4
DTS, INC.DTSI
Busby C Ann
Director
Transactions
- Award
Common Stock
2010-06-04+2,000→ 2,000 total - Award
Stock Option (Right to Buy)
2010-06-04+6,000→ 6,000 totalExercise: $32.77Exp: 2020-06-04→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]These shares of restricted stock vest in full on June 4, 2011, the first anniversary of the grant date.
- [F2]These shares of restricted stock and this option were granted pursuant to the Issuer's 2003 Equity Incentive Plan, as amended, which provides for an automatic annual grant of an option to purchase 6,000 shares of common stock and 2,000 shares of restricted stock to each non-employee director on the date of each annual stockholder meeting. The 2010 annual stockholder meeting occurred on June 4, 2010.
- [F3]This option vests and becomes exercisable in equal monthly installments over a 12 month period, as measured from the date of grant (June 4, 2010).