WOOD ALBERT J 4/A
4/A · Veraz Networks, Inc. · Filed Feb 3, 2009
Insider Transaction Report
Form 4/AAmended
WOOD ALBERT J
Chief Financial Officer
Transactions
- Award
Common Stock
2008-11-04+250,000→ 400,000 total - Award
Common Stock
2008-01-31+50,000→ 450,000 total
Footnotes (4)
- [F1]This restricted stock unit ("RSU") grant vests over four (4) years as follows: 93,750 RSUs vest on the first anniversary of the vesting commencement date (the "VCD") of August 18, 2008; 93,750 RSUs vest on the second anniversary of the VCD; 31,250 RSUs vest on the third anniversary of the VCD; and 31,250 RSUs vest on the fourth anniversary of the VCD. Upon vesting, the RSUs will convert into the equivalent number of shares of Common Stock.
- [F2]This RSU grant vests over two years as follows: 50% of the RSUs vest on the first anniversary of the VCD of January 31, 2008; the remaining 50% vest on the second anniversary of the VCD.
- [F3]This includes 250,000 shares of unvested restricted stock units.
- [F4]This includes 300,000 shares of unvested restricted stock units.