DHOLAKIA SANJAY 4
4 · SUMTOTAL SYSTEMS INC · Filed Jun 13, 2006
Insider Transaction Report
Form 4
DHOLAKIA SANJAY
SVP, Corporate & Business Dev.
Transactions
- Award
Stock Option (right to buy)
2006-06-12+30,000→ 30,000 totalExercise: $6.00Exp: 2016-06-12→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]1/8th of the shares subject to the option vests and becomes exercisable on December 12, 2006 and 1/48th of the shares subject to the option vests and becomes exercisable on January 12, 2007 and each one-month anniversary thereafter.