CASTONGUAY MAURICE L 4
4 · SONUS NETWORKS INC · Filed Sep 19, 2011
Insider Transaction Report
Form 4
CASTONGUAY MAURICE L
SVP, CFO & Treasurer
Transactions
- Award
Stock Option (right to buy)
2011-09-15+500,000→ 500,000 totalExercise: $2.38Exp: 2021-09-15→ Common Stock (500,000 underlying) - Award
Common Stock
2011-09-15+375,000→ 375,000 total
Footnotes (2)
- [F1]The vesting of the 375,000 share grant is generally subject to the achievement of certain performance metrics and the continued employment of the Reporting Person.
- [F2]25% of the shares underlying this option vests on August 26, 2012. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months through August 26, 2015.