KEANE MICHAEL E 4
4 · MRV COMMUNICATIONS INC · Filed Aug 17, 2010
Insider Transaction Report
Form 4
MRV COMMUNICATIONS INCMRVC.PK
KEANE MICHAEL E
Director
Transactions
- Award
Common Stock
2010-08-13+15,000→ 15,000 total - Award
Non-Qualified Stock Option (Right to Buy)
2010-08-13$1.19/sh+30,000$35,700→ 30,000 totalExercise: $1.19From: 2011-08-13Exp: 2020-08-13→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Grant of restricted shares in connection with service as a director that vest one year from the date of grant.
- [F2]Options vest in equal 25% installments over a four-year period beginning on 08/13/2011 and are fully vested on 08/13/2014. The options expire ten years from the date of grant.