MIELE JAMES 4
4 · ITERIS, INC. · Filed Aug 17, 2011
Insider Transaction Report
Form 4
ITERIS, INC.ITI
MIELE JAMES
CFO & Secretary
Transactions
- Award
Options right to buy
2011-08-10$1.10/sh+30,000$33,000→ 30,000 totalExercise: $1.10Exp: 2021-08-10→ Common Stock (30,000 underlying) - Award
Restricted Stock Units
2011-08-10+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]The option shall become exercisable in a series of four (4) successive equal annual installments (i.e. one-fourth of the shares each year) upon Optionee's completion of each year of service over the four (4) year period measured from the grant date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of ITI common stock.
- [F3]The restricted stock units vest in four equal annual installments with the first installment vesting on August 10, 2012.