GigOptix, Inc. 4
4 · GigOptix, Inc. · Filed Feb 11, 2014
Insider Transaction Report
Form 4
Sacks Curt P.
Chief Financial Officer
Transactions
- Award
Restricted Stock Units (RSUs)
2014-02-07+70,000→ 70,000 total→ Common Stock (70,000 underlying) - Award
Restricted Stock Units (RSUs)
2014-02-07+22,500→ 22,500 total→ Common Stock (22,500 underlying)
Footnotes (4)
- [F1]The RSUs were issued pursuant to the terms of the GigOptix 2008 Equity Incentive Plan and a Restricted Stock Unit Notice of Grant and Agreement. The Company will withhold shares of stock subject to the restricted stock units at the time of vesting for the purposes of satisfying any tax withholding obligations which arise in connection with such vesting.
- [F2]Each RSU represents a contingent right to receive one share of GigOptix common stock.
- [F3]The RSUs vest in four quarterly installments beginning on May 1, 2014 and ending on February 1, 2015.
- [F4]The RSUs vest as follows: 25% vest on February 1, 2015. The remaining 75% vest in twelve quarterly installments thereafter, beginning on May 1, 2015 and ending on February 1, 2018.