SIMON SHARI 4
4 · SCIENTIFIC LEARNING CORP · Filed Jan 4, 2012
Insider Transaction Report
Form 4
SIMON SHARI
Director
Transactions
- Award
Right to Receive Stock Bonus
2012-01-01+9,960→ 9,960 totalExercise: $2.51From: 2012-01-01Exp: 2012-01-31→ Common Stock (9,960 underlying) - Award
Restricted Stock Unit
2012-01-01+1,875→ 1,875 total→ Common Stock (1,875 underlying) - Award
Nonqualified Stock Option (Right to Buy)
2012-01-01+3,750→ 3,750 totalExercise: $2.51From: 2012-01-01Exp: 2021-12-31→ Common Stock (3,750 underlying)
Footnotes (3)
- [F1]Reflects right to receive shares of Issuer's Common Stock under Issuer's 1999 Equity Incentive Plan for annual director's compensation in lieu of cash.
- [F2]Issued under the Company's 1999 Equity Incentive Plan. These restricted stock units vest over three years and upon vesting are settled for Common Stock on a one-for-one basis.
- [F3]Option granted pursuant to Issuer's 1999 Equity Incentive Plan. These options vest over three years in equal monthly installments.