YOUNG ROBERT ALEXANDER 4
4 · TESSERA TECHNOLOGIES INC · Filed Oct 4, 2012
Insider Transaction Report
Form 4
YOUNG ROBERT ALEXANDER
Director
Transactions
- Award
Stock Option (Right to Buy)
2012-10-02+550,000→ 550,000 totalExercise: $13.71Exp: 2016-03-31→ Common Stock (550,000 underlying)
Footnotes (1)
- [F1]The stock option will vest and become exercisable as to 100% of the shares subject thereto on the date of completion of a spin-off by Tessera Technologies, Inc. of a business segment, deemed by the Board of Directors of Tessera Technologies, Inc. to be in the best interests of stockholders, by means of a dividend or distribution to stockholders of the entire equity interest in such business segment, provided that such spin-off occurs by March 31, 2015 and provided that Dr. Young continues to be a service provider as of the vesting date.