Yang Sarah 4
4 · SRS LABS INC · Filed May 16, 2011
Insider Transaction Report
Form 4
SRS LABS INCSRSL
Yang Sarah
VP, Software Eng.
Transactions
- Award
Employee Stock Option
2011-05-13+20,000→ 20,000 totalExercise: $8.47From: 2012-05-13Exp: 2021-05-12→ Common Stock (20,000 underlying)
Holdings
- 1,500(indirect: By Mother-in-Law)
Common Stock
- 4,700
Common Stock
Footnotes (2)
- [F1]Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed to admission that the reporting person is the beneficial owner of such securities for purposes of Sectdon 16 or for any other purpose.
- [F2]Nonqualified stock option grant under the SRS Labs, Inc. 2006 Stock Incentive Plan. The option shall vest as follows: 1/4th to vest one year after the date of grant and 1/16th every three monmths during the next three succesive years thereafter measured from May 13, 2012.