Lindl Jessica 4
4 · SCIENTIFIC LEARNING CORP · Filed May 22, 2012
Insider Transaction Report
Form 4
Lindl Jessica
SVP, Marketing & Product Mngmt
Transactions
- Award
Common Stock
2012-05-21+1,250→ 38,925 total - Tax Payment
Common Stock
2012-05-21$1.42/sh−746$1,059→ 38,179 total - Disposition to Issuer
Restricted Stock Unit
2012-05-21−1,250→ 5,000 total→ Common Stock (1,250 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 closing price of the Company's stock on the vesting date, which is used to calculate the number of shares withheld by the Company for taxes.