OCCAM NETWORKS INC/DE 4
4 · OCCAM NETWORKS INC/DE · Filed Dec 3, 2007
Insider Transaction Report
Form 4
Harrell Nathan Alan
Vice President of Sales
Transactions
- Award
Restricted Stock Units
2007-11-29+14,000→ 14,000 total→ Common Stock (14,000 underlying) - Award
Employee Stock Option (right to buy)
2007-11-29+32,000→ 32,000 totalExercise: $3.44Exp: 2017-11-28→ Common Stock (32,000 underlying)
Footnotes (3)
- [F1]The option vests over four (4) years, with 25% of the shares subject to the option becoming exercisable on November 29, 2008 and the balance of the shares subject to the option becoming exercisable on a ratable monthly basis over the succeeding three (3) years.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Occam Networks, Inc. Common Stock.
- [F3]The restricted stock units vest as follows: 1/6th will vest on the six month anniversary of the date of grant, 1/6th will vest on the first anniversary of the date of grant, 1/3rd will vest on the second anniversary of the date of grant, and 1/3rd will vest on the third anniversary of the date of grant.