LAMMING THOMAS C 4
4 · CARRIER ACCESS CORP · Filed Jun 8, 2006
Insider Transaction Report
Form 4
LAMMING THOMAS C
Director
Transactions
- Award
Non-Qualified Stock Option
2006-06-07+10,000→ 10,000 totalExercise: $8.77From: 2006-06-07Exp: 2011-06-07→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]The option grant is immediately exercisable for all of the option shares, however, any unvested shares purchased under the option will be subject to repurchase by the company, at the exercise price paid per share, upon cessation of service, until fully vested.This grant will vest upon the optionee's completion of one year of service on the company's Board of Directors measured from the option grant date.