Crawley Scott R 4
4 · ModusLink Global Solutions Inc · Filed Mar 14, 2013
Insider Transaction Report
Form 4
Crawley Scott R
President, Global Operations
Transactions
- Award
Stock Option (right to buy)
2013-03-12+150,000→ 150,000 totalExercise: $3.38From: 2014-03-12Exp: 2020-03-12→ Common Stock (150,000 underlying) - Award
Stock Option (right to buy)
2013-03-12+40,000→ 40,000 totalExercise: $3.38From: 2014-03-12Exp: 2020-03-12→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Option vests and becomes exercisable as to 50% on each of the first and second anniversaries of the date of grant.
- [F2]Option vests and becomes exercisable as to 50% on the first and second anniversaries of the date of grant, subject to a minimum average share price being achieved on each vesting date, which shall be $5.07 and $6.76. If the specified minimum average share price for the applicable anniversary date is not achieved, the 50% of the number of shares thereunder shall not vest and become exercisable but may vest on a subsequent anniversary date if the minimum average share price related to the earlier anniversary date is achieved or exceeded on a subsequent anniversary date.