Home/Filings/5/0001181431-09-009503
5//SEC Filing

MOSHAYEDI MEHRDAD 5

Accession 0001181431-09-009503

CIK 0001102741other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 9:06 PM ET

Size

20.5 KB

Accession

0001181431-09-009503

Insider Transaction Report

Form 5
Period: 2008-12-31
MOSHAYEDI MEHRDAD
DirectorPresident, COO, CTO, Secretary10% Owner
Transactions
  • Gift

    Common Stock

    2008-12-1719,5007,549,889 total(indirect: By Trust)
  • Gift

    Common Stock

    2008-12-18+18,90038,400 total(indirect: By Children)
  • Gift

    Common Stock

    2008-12-1818,9007,530,989 total(indirect: By Trust)
  • Gift

    Common Stock

    2008-12-17+19,50019,500 total(indirect: By Children)
Holdings
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $3.08Exp: 2013-05-21Common Stock (87,665 underlying)
    87,665
  • Incentive Stock Option (Right to Buy Common Stock)

    Exercise: $11.76Exp: 2013-05-06Common Stock (37,416 underlying)
    37,416
  • Common Stock

    (indirect: By Trust)
    1,070,496
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $3.84Exp: 2015-02-23Common Stock (250,000 underlying)
    250,000
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $10.69Exp: 2018-05-06Common Stock (12,584 underlying)
    12,584
Transactions
  • Gift

    Common Stock

    2008-12-18+18,90038,400 total(indirect: By Children)
  • Gift

    Common Stock

    2008-12-1818,9007,530,989 total(indirect: By Trust)
  • Gift

    Common Stock

    2008-12-1719,5007,549,889 total(indirect: By Trust)
  • Gift

    Common Stock

    2008-12-17+19,50019,500 total(indirect: By Children)
Holdings
  • Incentive Stock Option (Right to Buy Common Stock)

    Exercise: $11.76Exp: 2013-05-06Common Stock (37,416 underlying)
    37,416
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $3.84Exp: 2015-02-23Common Stock (250,000 underlying)
    250,000
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $3.08Exp: 2013-05-21Common Stock (87,665 underlying)
    87,665
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $10.69Exp: 2018-05-06Common Stock (12,584 underlying)
    12,584
  • Common Stock

    (indirect: By Trust)
    1,070,496
Transactions
  • Gift

    Common Stock

    2008-12-1719,5007,549,889 total(indirect: By Trust)
  • Gift

    Common Stock

    2008-12-17+19,50019,500 total(indirect: By Children)
  • Gift

    Common Stock

    2008-12-18+18,90038,400 total(indirect: By Children)
  • Gift

    Common Stock

    2008-12-1818,9007,530,989 total(indirect: By Trust)
Holdings
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $10.69Exp: 2018-05-06Common Stock (12,584 underlying)
    12,584
  • Common Stock

    (indirect: By Trust)
    1,070,496
  • Incentive Stock Option (Right to Buy Common Stock)

    Exercise: $11.76Exp: 2013-05-06Common Stock (37,416 underlying)
    37,416
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $3.08Exp: 2013-05-21Common Stock (87,665 underlying)
    87,665
  • Non-Qualified Stock Option (Right to Buy Common Stock)

    Exercise: $3.84Exp: 2015-02-23Common Stock (250,000 underlying)
    250,000
Footnotes (8)
  • [F1]These shares are owned directly by the D. and N. Moshayedi Investment Trust, dated 9/25/98, and Mark Moshayedi is an indirect beneficiary of this trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  • [F2]These options are fully vested and immediately exercisable.
  • [F3]This option shall vest and become exercisable in four equal annual installments commencing on May 7, 2009.
  • [F4]Under the issuer's 2000 Stock Incentive Plan and IRS rules, incentive stock options granted to a holder of 10% or more of the issuer's common stock must have an exercise price per share not less than 110% of the fair market value per share of the common stock on the grant date and a term of not more than 5 years.
  • [F5]These shares are owned directly by the M. and S. Moshayedi Revocable Trust, dated 9/25/98, a ten percent owner of the issuer, and indirectly by Mark Moshayedi and Semira Moshayedi as co-trustees of this trust, each of whom may be deemed to be a ten percent owner of the issuer. Each of the co-trustees disclaim beneficial ownership of these securities except to the extent of his or her pecuniary interest therein.
  • [F6]This transaction involved a gift of securities by the reporting persons to their children, who share reporting persons' household.
  • [F7]The reporting persons disclaim beneficial ownership of the shares held by their children except to the extent of their pecuniary interest therein.
  • [F8]Includes 162,335 shares previously owned directly by Mark Moshayedi which were contributed to the M. and S. Moshayedi Revocable Trust, dated 9/25/98.

Issuer

STEC, INC.

CIK 0001102741

Entity typeother

Related Parties

1
  • filerCIK 0001193507

Filing Metadata

Form type
5
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 9:06 PM ET
Size
20.5 KB