RANDELS JOY H. 4
4 · IRVINE SENSORS CORP/DE/ · Filed Apr 22, 2011
Insider Transaction Report
Form 4
IRVINE SENSORS CORP/DE/IRSN.OB
RANDELS JOY H.
Sr. Vice President, Marketing
Transactions
- Award
OPTIONS TO PURCHASE COMMON STOCK
2011-04-21+4,000,000→ 4,000,000 totalExercise: $0.13From: 2011-09-28Exp: 2021-03-28→ COMMON STOCK (4,000,000 underlying)
Footnotes (1)
- [F1]Options granted pursuant to the Irvine Sensors Corporation 2011 Omnibus Incentive Plan. 666,666 shares shall be vested for potential purchase by option exercise after September 28, 2011, six months from the date of commencement of employment with the Company. 666,666 shares shall be vested for potential purchase by option exercise after March 28, 2012, 12 months from the date of commencement of employment with the Company. 2,666,668 shares shall be vested for potential purchase by option exercise in 24 equal monthly installments upon completion of each month of service after March 28, 2012.