LYRIS, INC. 4
4 · LYRIS, INC. · Filed Oct 10, 2013
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
PHILPIN JOHN
SVP Engineering
Transactions
- Award
Employee Stock Option (right to buy)
2013-10-07+300,000→ 433,000 totalExercise: $1.42Exp: 2023-10-07→ Common Stock (53,000 underlying)
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 10/7/2014, 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.