ANG PATRICK PENG KOON 4
4 · SUNRISE TELECOM INC · Filed Apr 2, 2009
Insider Transaction Report
Form 4
ANG PATRICK PENG KOON
Director
Transactions
- Award
Director Stock Option (right to buy for 2006-2008)
2009-03-31+36,000→ 36,000 totalExercise: $0.66From: 2010-03-31Exp: 2019-03-31→ Common Stock (36,000 underlying)
Footnotes (2)
- [F1]Represents the per share closing price of the Company's common stock on the date of grant, March 31, 2009.
- [F2]Vests 100% on the one year anniversary of grant date. Vesting accelerates and the option becomes immediately exercisable in full upon: (a) a 100% change of control of the company (as a result of stock sales, tender offer, merger or sale of assets); or (b) the Company or its successor terminating the employment of the option holder without cause within two months prior to or following a 70% change of control of the Company.