FURTNEY RICK 4
4 · INTELLON CORP · Filed Mar 2, 2009
Insider Transaction Report
Form 4
INTELLON CORPITLN
FURTNEY RICK
President and COO
Transactions
- Award
Common Stock
2009-02-26+38,750→ 511,054 total - Award
Employee Stock Option (right to buy)
2009-02-26+77,500→ 77,500 totalExercise: $2.10Exp: 2019-02-25→ Common Stock (77,500 underlying)
Footnotes (3)
- [F1]Represents restricted stock unit award covering 38,750 shares. Each restricted stock unit represents a contigent right to receive one share of Intellon Corporation common stock.
- [F2]25% of the restricted stock units vests at the end of the 12 month period following February 28, 2009. The remainder of the shares will then vest quarterly at the end of each 3 calendar month period thereafter over the succeeding 3 years.
- [F3]The shares subject to the option will vest only upon optionee executing the company?s current form of Employee Agreement within 90 days of the date of grant at the rate of 25% of the option vesting at the end of the 12 month period following February 28, 2009. The remainder of the shares will then vest quarterly at the end of each 3 calendar month period thereafter over the succeeding 3 years.