Lindl Jessica 4
4 · SCIENTIFIC LEARNING CORP · Filed Sep 13, 2011
Insider Transaction Report
Form 4
Lindl Jessica
SVP, Marketing & Product Mngmt
Transactions
- Tax Payment
Common Stock
2011-09-12$2.50/sh−1,146$2,865→ 35,072 total - Award
Common Stock
2011-09-12+3,125→ 36,218 total - Disposition to Issuer
Restricted Stock Unit
2011-09-12−3,125→ 3,125 total→ Common Stock (3,125 underlying)
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.