JENKINS WILLIAM M 4
4 · SCIENTIFIC LEARNING CORP · Filed Mar 13, 2012
Insider Transaction Report
Form 4
JENKINS WILLIAM M
Chief Scientific Officer
Transactions
- Tax Payment
Common Stock
2012-03-12$1.92/sh−1,578$3,030→ 145,417 total - Award
Common Stock
2012-03-12+3,750→ 146,995 total - Disposition to Issuer
Restricted Stock Unit
2012-03-12−3,750→ 0 total→ Common Stock (3,750 underlying)
Footnotes (3)
- [F1]Issued on vesting of restricted stock units issued under the Issuer's 1999 Equity Incentive Plan.
- [F2]Issued under the Issuer's 1999 Equity Incentive Plan. These restricted stock units vest over four years and upon vesting are settled for Common Stock on a one-for-one basis.
- [F3]The price stated above is the fair market value of the Company's stock on the vesting date, determined under the applicable Plan, which is used to calculate the number of shares withheld by the Company for taxes.