Anand Kamal 4
4 · MERU NETWORKS INC · Filed Feb 9, 2012
Insider Transaction Report
Form 4
Anand Kamal
SVP of Corp Dev & Strategy
Transactions
- Award
Stock Option (right to buy)
2012-02-07+3,000→ 3,000 totalExercise: $9.10Exp: 2022-02-07→ Common Stock (3,000 underlying) - Award
Stock Option (right to buy)
2012-02-07+17,000→ 17,000 totalExercise: $3.75Exp: 2022-02-07→ Common Stock (17,000 underlying) - Award
Restricted Stock Units
2012-02-07+5,000→ 5,000 totalExercise: $0.00Exp: 2022-02-07→ Common Stock (5,000 underlying) - Award
Restricted Stock Units
2012-02-07+5,000→ 5,000 totalExercise: $0.00Exp: 2022-02-07→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]The option will vest in equal monthly installments commencing on March 7, 2012, such that 100% of the shares subject to the option will be fully vested and exercisable on February 7, 2016. The option is subject to the Change of Control provisions described in the Form of Change of Control Agreement the Company filed with the Security and Exchange Commission.
- [F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the issuer upon vesting.
- [F3]100% of the RSU will be fully vested on January 1, 2015. The RSU is subject to the Change of Control provisions described in the Form of Change of Control Agreement the Company filed with the Security and Exchange Commission.
- [F4]The RSUs will be subject to the achievement of performance metrics approved by the Board of Directors. The shares, if any, will be vested on January 1, 2015. The RSU is subject to the Change of Control provisions described in the Form of Change of Control Agreement the Company filed with the Security and Exchange Commission.
- [F5]The option vesting will be subject to the achievement of performance metrics approved by the Board of Directors. The shares, if any, will be vested on January 1, 2013. The option is subject to the Change of Control provisions described in the Form of Change of Control Agreement the Company filed with the Security and Exchange Commission.