Myers David Andrew 4
4 · SCIENTIFIC LEARNING CORP · Filed Sep 13, 2011
Insider Transaction Report
Form 4
Myers David Andrew
Chief Executive Officer
Transactions
- Award
Common Stock
2011-09-12+3,333→ 97,115 total - Disposition to Issuer
Restricted Stock Unit
2011-09-12−3,333→ 3,334 total→ Common Stock (3,333 underlying) - Tax Payment
Common Stock
2011-09-12$2.50/sh−1,222$3,055→ 95,893 total
Footnotes (4)
- [F1]Issued on vesting of restricted stock units issued under the Company's 1999 Equity Incentive Plan.
- [F2]Issued under the Company'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]Includes shares issued under Issuer's Employee Stock Purchase Plan: 4277 shares issued on 06/01/2011.
- [F4]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.