4//SEC Filing
Pickett Christopher M 4
Accession 0001179110-12-012336
CIK 0000917273other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 7:15 PM ET
Size
8.5 KB
Accession
0001179110-12-012336
Insider Transaction Report
Form 4
RAMBUS INCRMBS
Pickett Christopher M
Sr. VP, Licensing, Light Tech
Transactions
- Award
Employee Stock Option (right to buy)
2012-08-01+65,000→ 65,000 totalExercise: $4.13Exp: 2022-08-01→ Common Stock (65,000 underlying) - Award
Employee Stock Option (right to buy)
2012-08-01+65,000→ 65,000 totalExercise: $4.13Exp: 2022-08-01→ Common Stock (65,000 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.
Documents
Issuer
RAMBUS INC
CIK 0000917273
Entity typeother
Related Parties
1- filerCIK 0001269894
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 7:15 PM ET
- Size
- 8.5 KB