Spansion Inc. 4

4 · Spansion Inc. · Filed Apr 24, 2007

Form 4

Period: 2007-04-20

DirectorPresident & CEO

Transactions

Award
Employee Stock Option (right to buy)
2007-04-20+187,500→ 187,500 total
Exp: 2014-04-20→ Class A Common Stock (187,500 underlying)
Award
Restricted Stock Units
2007-04-20+75,000→ 75,000 total
→ Class A Common Stock (75,000 underlying)

Footnotes (4)

[F1]The exercise price for the Employee Stock Options is $10.41 per share.
[F2]Options were granted on April 20, 2007 and vest over a four-year period according to the following schedule: One-fourth of the shares subject to the option shall vest on April 20, 2008, and the remaining shares subject to the option shall vest in equal installments quarterly over the remaining 36 months, beginning on July 20, 2008.
[F3]Each restricted stock unit represents a contingent right to receive one share of Spansion Inc. Class A Common Stock. There is no exercise price or expiration date.
[F4]Restricted stock units were granted to the reporting person on April 20, 2007, and vest over a four-year period. One-fourth of the shares subject to the award shall vest on April 20, 2008. The remaining shares subject to the award shall vest in equal installments quarterly, beginning on July 20, 2008. Vested shares are delivered to the reporting person on each vesting date.

Documents

1 file