AGIN JOERG 4
4 · DTS, INC. · Filed May 13, 2011
Insider Transaction Report
Form 4
DTS, INC.DTSI
AGIN JOERG
Director
Transactions
- Award
Common Stock
2011-05-12+2,000→ 9,000 total - Award
Stock Option (Right to Buy)
2011-05-12+6,000→ 6,000 totalExercise: $43.91Exp: 2021-05-12→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]These restricted stock units vest in full immediately prior to commencement of the Issuer's next annual stockholder meeting.
- [F2]These restricted stock units 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 units to each non-employee director on the date of each annual stockholder meeting. The 2011 annual stockholder meeting occurred on May 12, 2011.
- [F3]This option vests and becomes exercisable in equal monthly installments over a 24 monthly period, as measured from the date of grant (May 12, 2011).