JENKINS WILLIAM M 4
4 · SCIENTIFIC LEARNING CORP · Filed Nov 22, 2011
Insider Transaction Report
Form 4
JENKINS WILLIAM M
Chief Scientific Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit
2011-11-20−937→ 4,688 total→ Common Stock (937 underlying) - Award
Common Stock
2011-11-20+937→ 143,588 total - Tax Payment
Common Stock
2011-11-21$3.00/sh−343$1,029→ 143,245 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 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.