Borcherding Robert Brooks 4
4 · NAVISITE INC · Filed Apr 15, 2009
Insider Transaction Report
Form 4
NAVISITE INCNAVI
Borcherding Robert Brooks
SVP of Sales and CRO
Transactions
- Award
Common Stock
2009-04-13+200,000→ 200,000 total
Footnotes (1)
- [F1]Shares acquired are shares of restricted stock granted pursuant to NaviSite's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse as to 25% of the shares on the six month anniversary of the date of grant and as to the remainder of the shares in 36 equal monthly installments thereafter.