Quigley William 4
4 · MERU NETWORKS INC · Filed Feb 27, 2012
Insider Transaction Report
Form 4
Quigley William
Director10% Owner
Transactions
- Award
Restricted Stock Units
2012-02-23+32,579→ 32,579 totalExp: 2022-02-23→ Common Stock (32,579 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the issuer upon vesting.
- [F2]The RSU will vest in equal quarterly installments commencing on May 7, 2012 such that 100% of the shares subject to the RSU will be fully vested on February 7, 2013. Each of these RSUs contains change of control provisions such that all unvested shares vest immediately upon the closing of a change of control transaction.