LEGENHAUSEN JAY A 4
4 · Spansion Inc. · Filed Feb 2, 2012
Insider Transaction Report
Form 4
Spansion Inc.CODE
LEGENHAUSEN JAY A
SVP, Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-01-31−2,500→ 17,500 totalExercise: $0.00Exp: 2015-07-29→ Class A Common Stock (2,500 underlying) - Award
Restricted Stock Units
2012-01-31+25,000→ 25,000 totalExercise: $0.00Exp: 2015-01-31→ Class A Common Stock (25,000 underlying) - Exercise/Conversion
Class A Common Stock
2012-01-31+2,500→ 2,500 total - Award
Stock Option (right to buy)
2012-01-31+75,000→ 75,000 totalExercise: $10.03From: 2013-01-31Exp: 2019-01-31→ Class A Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Upon vesting of the restricted stock units ("RSUs"), the Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU.
- [F2]Fifty percent (50%) of the RSUs will vest in four (4) successive and equal annual installments on the last trading day in January of each calendar year. Subject to the achievement of certain performance objectives, the remaining fifty percent (50%) of the RSUs will vest in four (4) successive and equal annual installments on the last trading day in January of each calendar year.
- [F3]One-third (1/3) of the shares will vest upon the first anniversary of the grant date and the remainder will vest monthly in equal installments over the remaining twenty-four (24) months.
- [F4]One-third (1/3) of the RSUs will vest in three (3) successive and equal annual installments on the last trading day in January of each calendar year. Subject to the achievement of certain performance objectives, the remaining fifty percent (50%) of the RSUs will vest in three (3) successive and equal annual installments on the last trading day in January of each calendar year.