FREEMAN JANE A 4
4 · SCIENTIFIC LEARNING CORP · Filed Oct 3, 2012
Insider Transaction Report
Form 4
FREEMAN JANE A
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2012-10-01−100,000→ 100,000 total→ Common Stock (100,000 underlying) - Award
Employee Stock Option (Right to Buy)
2012-10-01−100,000→ 100,000 totalExercise: $1.03Exp: 2022-10-01→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]On October 1, 2012, the reporting person received 100,000 restricted stock units under the Company's 1999 Equity Incentive Plan. Fifty percent of the restricted stock units vest on each of January 10, 2013 and July 10, 2013, except that if the reporting person ceases employment prior to July 10, 2013 as a result of a mutual agreement with the Company, the award will fully vest upon the termination of employment.
- [F2]Option granted on October 1, 2012 under the Company's 1999 Equity Incentive Plan. The option, representing a right to purchase 100,000 shares, fully vests on July 10, 2013, except that if the reporting person ceases employment prior to July 10, 2013 as a result of a mutual agreement with the Company, the award will fully vest upon the termination of employment.