4//SEC Filing
SHACKELFORD DAVID W 4
Accession 0001188667-04-000047
CIK 0000774937other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 6:05 PM ET
Size
7.3 KB
Accession
0001188667-04-000047
Insider Transaction Report
Form 4
VERILINK CORPVRLK
SHACKELFORD DAVID W
VP of Worldwide Sales
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-08-26+40,000→ 40,000 totalExercise: $3.02From: 2004-08-26Exp: 2014-08-26→ Common Stock (40,000 underlying)
Holdings
- 175,000
Non-Qualified Stock Option (right to buy)
Exercise: $3.51Exp: 2013-10-01→ Common Stock (175,000 underlying)
Footnotes (2)
- [F1]Shares are immediately exercisable; however, shares purchased prior to vesting are subject to repurchase pursuant to the following vesting schedule: 25% of the shares granted vest on the first anniversary of the date of grant and the remaining shares vest monthly at 1/48th of the total grant until the option is fully vested at the end of the fourth year.
- [F2]Shares are exerciseable as follows: 25% of the shares will be exerciseable one year from the grant date and an additional 1/48th of the shares will be exerciseable each month thereafter until the fourth anniversary of the grant date at which point all shares will be exerciseable.
Documents
Issuer
VERILINK CORP
CIK 0000774937
Entity typeother
Related Parties
1- filerCIK 0001266295
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 6:05 PM ET
- Size
- 7.3 KB