Weaver Lisa A. 4
4 · STARTEK INC · Filed Nov 2, 2011
Insider Transaction Report
Form 4
STARTEK INCSRT
Weaver Lisa A.
SVP, Chief Financial Officer
Transactions
- Award
Common Stock
2011-10-31+10,000→ 10,000 total - Award
Stock Options
2011-10-31+65,000→ 65,000 totalExercise: $2.35Exp: 2021-10-31→ Common Stock (65,000 underlying)
Footnotes (2)
- [F1]These shares are subject to restrictions. The restrictions on the shares of restricted stock lapse such that one-third of the shares vest after 1 year from the date of grant; one-third of the shares vest after 2 years from the date of grant; and one-third of the shares vest after 3 years from the date of grant.
- [F2]The option is exercisable as to shares for which the option is vested. The options shall vest with respect to 25% of the shares covered by the option on the first anniversary of the date of grant, followed by monthly vesting thereafter with respect to approximately one thirty-sixth (1/36) of the balance of the shares covered by the option, subject to accelerated vesting upon a change of control as described under the terms of the plan.