Jorgenson Frederick R 4
4 · AUTHENTEC INC · Filed Apr 3, 2009
Insider Transaction Report
Form 4
AUTHENTEC INCAUTH
Jorgenson Frederick R
Vice Pres.- General Counsel
Transactions
- Award
Common Stock
2009-04-01+25,000→ 26,148 total - Award
Stock Option (Right to Buy)
2009-04-01+35,950→ 35,950 totalExercise: $1.52Exp: 2019-04-01→ Common Stock (35,950 underlying)
Footnotes (3)
- [F1]Represents restricted stock units which vest in equal annual installments based upon continued service over the two year period commencing April 1, 2009. In addition, the number of shares subject to the award may be adjusted downward following conclusion of each fiscal year based upon whether certain performance goals are achieved during such year.
- [F2]938 of these shares represent restricted stock units which vest in equal quarterly installments based upon continued service over the three-year period commencing March 2, 2009.
- [F3]The shares underlying this option vest based upon continued service over the four year period commencing April 1, 2009, with the first 25% to vest April 1, 2010 and the remainder in equal quarterly installments thereafter.