Park Ronald 4
4 · SCIENTIFIC LEARNING CORP · Filed May 22, 2012
Insider Transaction Report
Form 4
Park Ronald
VP, Product Development
Transactions
- Award
Common Stock
2012-05-21+5,938→ 15,688 total - Tax Payment
Common Stock
2012-05-21$1.42/sh−3,092$4,391→ 12,596 total - Disposition to Issuer
Restricted Stock Unit
2012-05-21−938→ 3,750 total→ Common Stock (938 underlying) - Disposition to Issuer
Restricted Stock Unit
2012-05-21−5,000→ 15,000 total→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]Issued on vesting of restricted stock units issued under the Issuer's 1999 Equity Incentive Plan.
- [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.