4//SEC Filing
JOHNSON DOUGLAS N 4
Accession 0001185185-10-001476
CIK 0001277270other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 5:44 PM ET
Size
14.9 KB
Accession
0001185185-10-001476
Insider Transaction Report
Form 4
Telanetix,IncTNXI
JOHNSON DOUGLAS N
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to buy)
2010-12-09+3,002,147→ 3,002,147 totalExercise: $0.08Exp: 2020-12-09→ Common Stock (3,002,147 underlying) - Award
Stock Option (Right to buy)
2010-12-09+3,011,163→ 3,011,163 totalExercise: $0.08Exp: 2020-12-09→ Common Stock (3,011,163 underlying) - Award
Stock Option (Right to buy)
2010-12-09+9,015,458→ 9,015,458 totalExercise: $0.04Exp: 2020-12-09→ Common Stock (9,015,458 underlying) - Award
Stock Option (Right to buy)
2010-12-09+3,002,147→ 3,002,147 totalExercise: $0.08Exp: 2020-12-09→ Common Stock (3,002,147 underlying)
Footnotes (5)
- [F1]100% of the options vest upon the affiliates of Hale Capital Partners receiving cash proceeds in retrun on their invested capital (whether such cash derives from interest payments, debt repayment, dividends, distributions, sale of equity or otherwise) in the Company and its subsidiaries equal to no less than one times their invested capital, plus a four percent (4%) annual return on such invested captial, compounded annually and subject to the executive's continued employment in good standing on such vesting date. Notwithstanding the foregoing, ten percent (10%) of the options shall vest on the first anniversary of the Grant Date and 2.5% of the options at the end of each of the next eight quarters thereafter through the third anniversary of the Grant Date (for an aggregate of 30%), subject to the executive's continued employment in good standing with the Company on each such vesting date.
- [F2]100% of the options vest upon the affiliates of Hale Capital Partners receiving cash proceeds in return on their invested capital (whether such cash derives from interest payments, debt repayment, dividends, distributions, sale of equity or otherwise) in the Company and its subsidiaries equal to no less than two times their invested capital plus a four percent (4%) annual return on such invested capital, compounded annually and subject to the executive's continued employment in good standing with the Company on such vesting date.
- [F3]100% of the options vest upon the affiliates of Hale Capital Partners receiving cash proceeds in return on their invested capital (whether such cash derives from interest payments, debt repayment, dividends, distributions, sale of equity or otherwise) in the Company and its subsidiaries equal to no less than three times their invested capital plus a four percent (4%) annual return on such invested capital, compounded annually and subject to the executive's continued employment in good standing with the Company on such vesting date.
- [F4]100% of the options vest upon the affiliates of Hale Capital Partners receiving cash proceeds in return on their invested capital (whether such cash derives from interest payments, debt repayment, dividends, distributions, sale of equity or otherwise) in the Company and its subsidiaries equal to no less than four times their invested capital plus a four percent (4%) annual return on such invested capital, compounded annually and subject to the executive's continued employment in good standing with the Company on such vesting date.
- [F5]The exercise price is $0.07704.
Documents
Issuer
Telanetix,Inc
CIK 0001277270
Entity typeother
Related Parties
1- filerCIK 0001412606
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 5:44 PM ET
- Size
- 14.9 KB