LYRIS, INC. 4
4 · LYRIS, INC. · Filed Aug 12, 2013
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
Lustberg Alex
VP and Chief Marketing Officer
Transactions
- Award
Employee Stock Option (right to buy)
2013-05-31+25,000→ 108,480 totalExercise: $1.99Exp: 2023-05-31→ Common Stock (25,000 underlying) - Award
Employee Stock Option (right to buy)
2013-08-08+25,000→ 133,480 totalExercise: $1.68Exp: 2023-07-24→ Common Stock (25,000 underlying)
Footnotes (2)
- [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 5/31/2014, 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.
- [F2]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 7/24/2014, 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.