Rally Software Development Corp 4
4 · Rally Software Development Corp · Filed Feb 9, 2015
Insider Transaction Report
Form 4
Porfido Margaret
Director
Transactions
- Award
Common Stock
2015-02-05+5,982→ 5,982 total - Award
Stock Option (right to buy)
2015-02-05+14,000→ 14,000 totalExercise: $12.45Exp: 2025-02-04→ Common Stock (14,000 underlying)
Footnotes (2)
- [F1]Grant to the Reporting Person in connection with her service on the Issuer's Board of Directors. Represents shares issued as restricted stock units ("RSUs") under the Issuer's 2013 Equity Incentive Plan (the "Plan") that were received as an award, for no consideration. The RSUs vest in a series of three successive annual installments beginning on February 5, 2016 such that the RSUs are fully vested on February 5, 2018, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan.
- [F2]Grant to the Reporting Person of a stock option under the Plan. The option vests and becomes exercisable in a series of three successive annual installments beginning on February 5, 2016 such that the option is fully vested on February 5, 2018, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan. The option expires ten years after the date of grant.