Anand Kamal 4
4 · MERU NETWORKS INC · Filed Nov 8, 2011
Insider Transaction Report
Form 4
Anand Kamal
SVP of Corp Dev & Strategy
Transactions
- Award
Stock Option (right to buy)
2011-11-07+12,000→ 12,000 totalExercise: $5.54Exp: 2021-11-07→ Common Stock (12,000 underlying) - Award
Restricted Stock Units
2011-11-07+30,000→ 30,000 totalExercise: $0.00Exp: 2021-11-07→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The option will vest in equal monthly installments commencing on December 7, 2011, such that 100% of the shares subject to the option will be fully vested and exercisable on November 7, 2015.
- [F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the issuer upon vesting.
- [F3]The RSU will vest in two equal installments, fifty percent (50%) of the RSUs will vest on October 6, 2012 and the remaining fifty percent (50%) of the RSUs will vest on October 6, 2013.