LUNA INNOVATIONS INC 4
4 · LUNA INNOVATIONS INC · Filed Apr 2, 2009
Insider Transaction Report
Form 4
Backus John C
Director
Transactions
- Award
Stock Units
2009-04-01$1.07/sh+2,336.45$2,500→ 2,336.45 total→ Common Stock (2,336.45 underlying)
Footnotes (3)
- [F1]Stock Units are convertible into registrant's common stock on a 1-for-1 basis.
- [F2]Stock units are issued under the registrant's Non-Employee Director Deferred Compensation Plan in lieu of cash payment for director fees for the first quarter of 2009 in the amount of $2,500. The Stock Units become issuable in common stock of the registrant at the election of the reporting person upon the reporting person's termination of service, a change of control of the registrant, an unforeseeable emergency, or a fixed date selected by the reporting person. The stock units granted were calculated using the closing price of the issuer's common stock as reported on the NASDAQ Global Market on April 1, 2009.
- [F3]Stock Units issuable under the registrant's 2006 Equity Incentive Plan, which expires June 6, 2016.