PortalPlayer, Inc. 4
4 · PortalPlayer, Inc. · Filed Aug 1, 2005
Insider Transaction Report
Form 4
Singh Tejinder Raj
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-07-28+8,375→ 8,375 totalExercise: $24.10Exp: 2015-07-28→ Common Stock (8,375 underlying) - Award
Common Stock
2005-07-28+1,375→ 1,375 total - Sale
Common Stock
2005-07-28$25.00/sh−7,500$187,500→ 1,626,254 total(indirect: by Investcorp/212 LP)
Footnotes (3)
- [F1]Represents shares of restricted stock awarded under the 2004 Stock Incentive Plan. The restricted stock vests and becomes exercisable on June 10, 2006; provided, however, that each restricted share shall become fully vested immediately prior to the next regular annual meeting of the Company's stockholders following the date of award in the event such meeting occurs prior to June 10, 2006.
- [F2]By Investcorp/212 Ventures Technology Fund I L.P. The reporting person disclaims beneficial ownership of these securities except for any pecuniary interest therein.
- [F3]The option vests and becomes exercisable on June 10, 2006; provided, however, that the option shall vest and become exercisable in full immediately prior to the next regular annual meeting of the Company's stockholders following the date of grant in the event such meeting occurs prior to June 10, 2006.