KREIDEL VAL 4
4 · MTI TECHNOLOGY CORP · Filed Sep 10, 2004
Insider Transaction Report
Form 4
KREIDEL VAL
Director
Transactions
- Award
Stock Option (Right to Buy)
2004-09-08+25,000→ 25,000 totalExercise: $2.08Exp: 2014-09-08→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]One-third (1/3) of the shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date, and one-third (1/3) of the remaining unvested shares subject to the Option shall vest on each yearly anniversary thereafter, such that the Option will be one hundred percent (100%) vested after thirty-six (36) months of Continuous Service from the Vesting Commencement Date.