ARONSON MARC 4/A
4/A · TeleNav, Inc. · Filed Mar 13, 2012
Insider Transaction Report
Form 4/AAmended
TeleNav, Inc.TNAV
ARONSON MARC
VP Research and Development
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-11-01$8.31/sh+100,000$831,000→ 100,000 totalExercise: $8.31From: 2012-09-09Exp: 2021-11-01→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]This filing is being made to correct the exercise price of the option which should have been reported as the Fair Market Value of the company stock on the date of grant as reported by NASDAQ.
- [F2]This stock option was granted on November 1, 2011 and vests over four years. 1/4th of the shares subject to the option vested and becomes exercisable on September 9, 2012 and 1/48 of the shares subject to the option shall become vested at the end of each monthly period thereafter, subject to optionee's continued status as a service provider on such vest date.