Shortell Gregory A 4
4 · NETWORK ENGINES INC · Filed Dec 19, 2011
Insider Transaction Report
Form 4
Shortell Gregory A
DirectorPresident and Chief Executive
Transactions
- Award
Employee Stock Option (right to buy)
2011-12-15$0.98/sh+50,000$49,000→ 50,000 totalExercise: $0.98Exp: 2021-12-14→ Common stock (50,000 underlying) - Award
Common Stock
2011-12-15+31,000→ 115,200 total
Footnotes (2)
- [F1]Exempt grant of restricted stock. The grant vests in four equal annual increments
- [F2]Employee stock option grant. The grant vests in equal quarterly installments over four years.