TALEO CORP 4
4 · TALEO CORP · Filed Jun 19, 2006
Insider Transaction Report
Form 4
TALEO CORPTLEO
Herr Eric
Director
Transactions
- Award
Stock Option (right to buy)
2006-06-15+6,000→ 6,000 totalExercise: $11.07From: 2007-06-15Exp: 2016-06-15→ Class A Common Stock (6,000 underlying) - Award
Stock Option (right to buy)
2006-06-19+11,667→ 11,667 totalExercise: $11.52From: 2005-03-17Exp: 2016-06-19→ Class A Common Stock (11,667 underlying)
Footnotes (3)
- [F1]The option becomes exercisable and fully vested on June 15, 2007.
- [F2]The option becomes exercisable in three equal installments on March 17, 2005, 2006 and 2007.
- [F3]Granted pursuant to the Issuer's 2006 board compensation plan which provides for a true up grant to current directors in order to bring all directors to same base level of total options granted. Vesting for these options is based on a three year schedule starting from the date of initial board membership. Accordingly, directors with greater than three years of board tenure received fully vested options.