Franco Nello 4
4 · LYRIS, INC. · Filed Jan 30, 2012
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
Franco Nello
SVP of Customer Success
Transactions
- Award
Employee Stock Option (right to buy)
2012-01-27+667,679→ 1,267,679 totalExercise: $0.10Exp: 2021-11-23→ Common Stock (667,679 underlying)
Holdings
- 25,000
Common Stock
Footnotes (1)
- [F1]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 11/23/12, and (ii) the option shall be exercisable with respect to the remaining seventy five percent (75%) in equal installments of 1/12 of the total number of shares subject to the option on each three month anniversary of that date thereafter.