Park Ronald 4
4 · SCIENTIFIC LEARNING CORP · Filed May 24, 2011
Insider Transaction Report
Form 4
Park Ronald
VP, Product Development
Transactions
- Award
Common Stock
2011-05-20+1,875→ 1,875 total - Tax Payment
Common Stock
2011-05-20$3.27/sh−789$2,580→ 1,086 total - Disposition to Issuer
Restricted Stock Unit
2011-05-20−1,875→ 5,625 total→ Common Stock (1,875 underlying)
Footnotes (3)
- [F1]Issued under the Issuer's 1999 Equity Incentive Plan. These restricted stock units vest over four years and upon vesting are settled for Common Stock on a one-for-one basis.
- [F2]Issued on vesting of restricted stock units issued under the Issuer's 1999 Equity Incentive Plan.
- [F3]The price stated above is the closing price of the Company's stock on the vesting date, which is used to calculate the number of shares withheld by the Company for taxes.