REID JAMES P 4
4 · Spansion Inc. · Filed May 12, 2010
Insider Transaction Report
Form 4
Spansion Inc.CODE
REID JAMES P
EVP, Marketing
Transactions
- Award
Stock Option (right to buy)
2010-05-10−223,600→ 223,600 totalExercise: $10.51Exp: 2017-05-10→ Class A Common Stock (223,600 underlying) - Award
Restricted Stock Units
2010-05-10−124,735→ 124,735 totalExercise: $0.00→ Class A Common Stock (124,735 underlying)
Footnotes (3)
- [F1]One-third will vest upon the first anniversary of the grant date, and the remainder will vest monthly in equal installments over the remaining twenty-four (24) months.
- [F2]Upon vesting of the restricted stock units ("RSUs"), the Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU.
- [F3]Subject to the achievement of certain performance objectives, the RSUs will vest in four (4) successive and equal annual installments on the last trading day in January of each calendar year.