MOSHAYEDI MEHRDAD 4

Accession 0001181431-09-009505

CIK 0001102741other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 9:07 PM ET

Size

19.9 KB

Accession

0001181431-09-009505

Form 4

Period: 2009-01-02

DirectorPresident, COO, CTO, Secretary10% Owner

Transactions

Holdings

Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $3.84Exp: 2015-02-23→ Common Stock (250,000 underlying)
250,000
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $3.08Exp: 2013-05-21→ Common Stock (87,665 underlying)
87,665
Incentive Stock Option (Right to Buy Common Stock)
Exercise: $11.76Exp: 2013-05-06→ Common Stock (37,416 underlying)
37,416
Common Stock
(indirect: By Trust)
1,070,496
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $10.69Exp: 2018-05-06→ Common Stock (12,584 underlying)
12,584

10% Owner

Transactions

Holdings

Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $3.08Exp: 2013-05-21→ Common Stock (87,665 underlying)
87,665
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $3.84Exp: 2015-02-23→ Common Stock (250,000 underlying)
250,000
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $10.69Exp: 2018-05-06→ Common Stock (12,584 underlying)
12,584
Incentive Stock Option (Right to Buy Common Stock)
Exercise: $11.76Exp: 2013-05-06→ Common Stock (37,416 underlying)
37,416
Common Stock
(indirect: By Trust)
1,070,496

10% Owner

Transactions

Holdings

Incentive Stock Option (Right to Buy Common Stock)
Exercise: $11.76Exp: 2013-05-06→ Common Stock (37,416 underlying)
37,416
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $3.08Exp: 2013-05-21→ Common Stock (87,665 underlying)
87,665
Common Stock
(indirect: By Trust)
1,070,496
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $3.84Exp: 2015-02-23→ Common Stock (250,000 underlying)
250,000
Non-Qualified Stock Option (Right to Buy Common Stock)
Exercise: $10.69Exp: 2018-05-06→ Common Stock (12,584 underlying)
12,584

Footnotes (7)

[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 disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Documents

1 file

STEC, INC.

CIK 0001102741

Entity typeother