Mitsakos Nicholas 4
4 · MERU NETWORKS INC · Filed Aug 24, 2012
Insider Transaction Report
Form 4
Mitsakos Nicholas
Director
Transactions
- Award
Restricted Stock Units
2012-08-23+40,000→ 40,000 totalExercise: $0.00Exp: 2022-08-23→ Common Stock (40,000 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 November 23, 2012 such that 100% of the shares subject to the RSU will be fully vested on August 23, 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.