Saman Robert 4
4 · STEC, INC. · Filed May 15, 2013
Insider Transaction Report
Form 4
STEC, INC.STEC
Saman Robert
General CounselOther
Transactions
- Award
Restricted Stock Units
2013-05-13+75,000→ 127,500 totalExercise: $0.00→ Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of sTec common stock.
- [F2]The RSUs vest in equal annual installments over the four (4) year period following the date of grant.
- [F3]Expiration dates are not applicable to RSUs.
- [F4]This annual equity award was approved by sTec's Compensation Committee on February 25, 2013, but in accordance with sTec's Equity Awards Policy and Insider Trading Policy was not granted until May 13, 2013.