Bailard Brian S. 4
4 · LYRIS, INC. · Filed Aug 20, 2009
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
Bailard Brian S.
Senior VP, Global Sales
Transactions
- Award
Employee Stock Option (right to buy)
2008-09-03+700,000→ 0 totalExercise: $0.47Exp: 2018-09-03→ Common Stock (700,000 underlying)
Footnotes (1)
- [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 9/3/2009, which is the first anniversary of the date of grant; and (ii) the option shall be exercisable with respect to the remaining seventy five percent (75%) in equal quarterly installments through September 3, 2012.