MOSES DAN 4
4 · STEC, INC. · Filed May 18, 2009
Insider Transaction Report
Form 4
STEC, INC.STEC
MOSES DAN
Director
Transactions
- Sale
Common Stock
2009-05-14$14.00/sh−45,000$630,000→ 0 total - Exercise/Conversion
Stock Options (Right to Buy Common Stock)
2009-05-14−25,000→ 0 totalExercise: $2.74Exp: 2011-05-02→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2009-05-14$3.84/sh+20,000$76,800→ 45,000 total - Exercise/Conversion
Stock Options (Right to Buy Common Stock)
2009-05-14−20,000→ 0 totalExercise: $3.84Exp: 2015-02-23→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2009-05-14$2.74/sh+25,000$68,500→ 25,000 total
Holdings
- 50,000
Stock Options (Right to Buy Common Stock)
Exercise: $10.69Exp: 2018-05-06→ Common Stock (50,000 underlying) - 100,000
Stock Options (Right to Buy Common Stock)
Exercise: $5.75Exp: 2012-06-23→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]These options are fully vested and immediately exercisable.
- [F2]This option shall vest and become exercisable in four equal annual installments commencing on May 7, 2009.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.02, inclusive. The reporting person undertakes to provide to STEC, Inc., any security holder of STEC, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.