4//SEC Filing
NETWORK EQUIPMENT TECHNOLOGIES INC 4
Accession 0001205440-07-000004
CIK 0000752431operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 11:38 AM ET
Size
13.1 KB
Accession
0001205440-07-000004
Insider Transaction Report
Form 4
LAU GARY L
EXC.124.SR VP - SALES
Transactions
- Sale
Common Stock
2007-05-30$10.50/sh−20,000$210,026→ 8,388 total - Sale
Common Stock
2007-05-30$10.60/sh−18,210$193,026→ 8,388 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-05-30−20,000→ 18,210 totalExercise: $5.30Exp: 2012-01-15→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2007-05-30$5.30/sh+18,210$96,513→ 26,598 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-05-30−18,210→ 0 totalExercise: $5.30Exp: 2012-01-15→ Common Stock (18,210 underlying) - Exercise/Conversion
Common Stock
2007-05-30$5.30/sh+20,000$106,000→ 28,388 total
Footnotes (1)
- [F1]25% of total shares granted vests one year from grant date; thereafter in a series of 36 successive equal monthly installments.
Documents
Issuer
NETWORK EQUIPMENT TECHNOLOGIES INC
CIK 0000752431
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000752431
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 11:38 AM ET
- Size
- 13.1 KB