JENKINS WILLIAM M 4
4 · SCIENTIFIC LEARNING CORP · Filed Sep 13, 2011
Insider Transaction Report
Form 4
JENKINS WILLIAM M
Chief Scientific Officer
Transactions
- Tax Payment
Common Stock
2011-09-12$2.50/sh−1,375$3,438→ 142,651 total - Disposition to Issuer
Restricted Stock Unit
2011-09-12−3,750→ 3,750 total→ Common Stock (3,750 underlying) - Award
Common Stock
2011-09-12+3,750→ 144,026 total
Footnotes (3)
- [F1]Issued on vesting of restricted stock units issued under the Issuer's 1999 Equity Incentive Plan.
- [F2]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.
- [F3]The price stated above is the fair market value of the Company's stock on the vesting date, determined under the applicable Plan, which is used to calculate the number of shares withheld by the Company for taxes.