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4//SEC Filing

HEINTZ ROBERT 4

Accession 0001181431-09-018851

CIK 0000907152other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 8:22 PM ET

Size

6.1 KB

Accession

0001181431-09-018851

Insider Transaction Report

Form 4
Period: 2009-03-31
HEINTZ ROBERT
VP, Worldwide Sales
Transactions
  • Award

    Employee Stock Option (right to buy)

    2009-03-31+95,00095,000 total
    Exercise: $0.66From: 2010-03-31Exp: 2019-03-31Common Stock (95,000 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 25% on the one year anniversary of grant date; thereafter, 1/48 of the total options granted become exercisable on the first day of each succeeding month. 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.

Issuer

SUNRISE TELECOM INC

CIK 0000907152

Entity typeother

Related Parties

1
  • filerCIK 0001372340

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 8:22 PM ET
Size
6.1 KB