Chapman Justin M 4
4 · MICROTUNE INC · Filed Jun 3, 2010
Insider Transaction Report
Form 4
MICROTUNE INCTUNE
Chapman Justin M
Interim Chief Financial Off.
Transactions
- Exercise/Conversion
Common Stock
2010-05-11+17,500→ 39,395 total - Tax Payment
Common Stock
2010-05-11$2.42/sh−5,573$13,487→ 33,822 total - Exercise/Conversion
Restricted Stock Units
2010-05-11−17,500→ 120,770 totalFrom: 2010-05-11Exp: 2010-05-11→ Common Stock (17,500 underlying)
Footnotes (4)
- [F1]The common stock was acquired as a result of the vesting of 3,000 restricted stock units awarded on May 10, 2007 and 14,500 restricted stock units awarded on February 15, 2010.
- [F2]Represents a reduction of shares issued to the reporting person to discharge withholding tax obligations in connection with the vesting of restricted stock units on May 11, 2010.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Microtune common stock.
- [F4]Following the reported transaction(s) of this Form 4, the reporting person held 120,770 restricted stock units, including 3,000 that were granted on May 10, 2007, 16,000 that were granted on May 12, 2008, 5,900 that were granted on May 15, 2009, and 32,600 that were granted on February 15, 2010 (all under the Amended and Restated Microtune, Inc. 2000 Stock Plan) and all of which vest over time. Additionally, 63,270 restricted stock units were granted on February 15, 2010 under Microtune's 2010 Incentive Compensation Program. This does not include 20,000 restricted stock units granted on May 15, 2010.