LYRIS, INC. 4
4 · LYRIS, INC. · Filed Jan 24, 2008
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
Mathieu Blaine
Chief Marketing Officer
Transactions
- Award
Employee Stock Option (right to buy)
2007-11-21+450,000→ 450,000 totalExp: 2017-11-21→ Common Stock (450,000 underlying)
Footnotes (2)
- [F1]The Option vests and becomes exercisable in cumulative installments as follows: (i) the Option shall become exercisable with respect to twenty five percent (25%) of the Option shares on 11/1/2008, which is the first anniversary of the Hire Date; and (ii) the option shall be exercisable with respect to the remaining seventy five percent (75%) in equal monthly installments on the last day of each calendar quarter, provided that the fourth anniversary of the Hire Date shall be deemed to be the last day of the calendar month for vesting purposes.
- [F2]Not applicable because the options were granted, not sold.