Home/Filings/4/0001179110-12-012335
4//SEC Filing

LAVELLE THOMAS R 4

Accession 0001179110-12-012335

CIK 0000917273other

Filed

Aug 1, 8:00 PM ET

Accepted

Aug 2, 7:14 PM ET

Size

10.4 KB

Accession

0001179110-12-012335

Insider Transaction Report

Form 4
Period: 2012-08-01
LAVELLE THOMAS R
Sr. VP and General Counsel
Transactions
  • Award

    Employee Stock Option (right to buy)

    2012-08-01+45,00045,000 total
    Exercise: $4.13Exp: 2022-08-01Common Stock (45,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2012-08-01+45,00045,000 total
    Exercise: $4.13Exp: 2022-08-01Common Stock (45,000 underlying)
Footnotes (2)
  • [F1]Shares subject to the option fully vest on August 1, 2015 if Rambus common stock has previously attained a closing price on NASDAQ of $15.00 or more over any sixty (60) consecutive trading day period. If such performance milestone is not achieved by August 1, 2015, the option will become fully vested upon the subsequent date, if any, upon which such performance milestone is achieved prior to August 1, 2017, and if such performance milestone is not achieved prior to August 1, 2017, the option will terminate.
  • [F2]Shares subject to the option fully vest on August 1, 2015 if Rambus common stock has previously attained a closing price on NASDAQ over any sixty (60) consecutive trading day period as follows: 20% will vest with a closing price of $16.00; 20% will vest with a close price of $17.00; 20% will vest with a closing price of $18.00; 20% will vest with a closing price of $19.00; and 20% will vest with a closing price of $20.00. If the option has not vested, or has only partially vested by August 1, 2015, the option will vest if and to the extent the related performance milestones are achieved prior to August 1, 2017, and if the related performance milestones are not achieved prior to August 1, 2017, the unvested portion of the option will terminate.

Issuer

RAMBUS INC

CIK 0000917273

Entity typeother

Related Parties

1
  • filerCIK 0001232250

Filing Metadata

Form type
4
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 7:14 PM ET
Size
10.4 KB