Smith Raymond C 4
4 · LRAD Corp · Filed May 10, 2012
Insider Transaction Report
Form 4
LRAD CorpLRAD
Smith Raymond C
Director
Transactions
- Award
Stock Option (Right to Buy)
2012-05-10+50,000→ 50,000 totalExercise: $1.33Exp: 2022-05-10→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Grant to reporting person on May 10, 2012 of an option to purchase 50,000 shares. The option vests as to 1/3 of the shares on the date of grant and 1/12 of the shares quarterly thereafter until fully vested.