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CLARK KEITH 4

Accession 0001181431-03-032106

CIK 0000901696other

Filed

Nov 19, 7:00 PM ET

Accepted

Nov 20, 5:54 PM ET

Size

6.0 KB

Accession

0001181431-03-032106

Insider Transaction Report

Form 4
Period: 2003-11-19
CLARK KEITH
Exec. VP, Worldwide Operations
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2003-11-19+150,000150,000 total
    Exercise: $2.20Exp: 2013-11-19Common Stock (150,000 underlying)
  • Award

    Employee Stock Option (Right to buy)

    2003-11-19+50,00050,000 total
    Exercise: $2.20Exp: 2013-11-19Common Stock (50,000 underlying)
Footnotes (1)
  • [F1]36-month (3 year) Vesting with 6-month Cliff and Monthly Thereafter: Six-thirty-sixths (6/36th) of the shares subject to the Option shall vest six (6) months after the Vesting Commencement Date. One-thirtieth (1/30th) of the remaining unvested shares subject to the Option shall vest at the end of the 7th month and each month thereafter, such that the Option will be one hundred percent (100%) vested after thirty-six (36) months of Continuous Services from the Vesting Commencement Date.

Documents

1 file

Issuer

MTI TECHNOLOGY CORP

CIK 0000901696

Entity typeother

Related Parties

1
  • filerCIK 0001203327

Filing Metadata

Form type
4
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 5:54 PM ET
Size
6.0 KB