STARTEK INC 4
4 · STARTEK INC · Filed Oct 4, 2011
Insider Transaction Report
Form 4
STARTEK INCSRT
WAGNER HARVEY A
Director
Transactions
- Award
Stock Options
2011-10-01+12,641→ 12,641 totalExercise: $2.85From: 2011-10-01Exp: 2021-10-01→ Common Stock (12,641 underlying) - Award
Stock Options
2011-10-01+30,000→ 30,000 totalExercise: $2.85Exp: 2021-10-01→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Grant was issued in connection with the transition provisions of the Company's revised independent director compensation plan (the "Plan"). The option is exercisable as to shares for which the option is vested. The options shall vest in twelve equal installments of 2,500 shares with the first vesting date being December 31, 2011, followed by quarterly vesting thereafter, subject to accelerated vesting upon a change of control as described under the terms of the Plan.
- [F2]Represents 100% of Mr. Wagner's quarterly board compensation granted pursuant to the Plan with a grant date fair value (as measured by the Black-Scholes option valuation model) of $22,500.