CRONIN MICHAEL 4

4 · SPECTRALINK CORP · Filed Oct 31, 2003

Form 4

Period: 2003-10-30

Vice President of Sales & Mktg

Transactions

Exercise/Conversion
Incentive Stock Option (Right to Buy)
2003-10-30−1,697→ 3,260 total
Exercise: $9.13From: 2002-01-19Exp: 2008-01-19→ Common Stock (1,697 underlying)
Award
Common Stock
2003-10-30$10.19/sh+3,542$36,084→ 6,667 total
Award
Common Stock
2003-10-30$9.13/sh+3,125$28,516→ 3,125 total
Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2003-10-30−1,428→ 1,428 total
Exercise: $9.13From: 2001-01-19Exp: 2008-01-19→ Common Stock (1,428 underlying)
Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2003-10-30−3,542→ 16,377 total
Exercise: $10.19From: 2002-02-20Exp: 2011-02-20→ Common Stock (3,542 underlying)

Footnotes (2)

[F1]Date exercisable reflects first date on which any options become exercisable. Unless otherwise limited by rules governing incentive stock options, options granted become exercisable at a rate of 25% after 12 months from the date of grant and ratably per month thereafter, conditioned upon continued employment. Full vesting occurs 48 months from the date of grant.
[F2]Due to limitations imposed under rules governing incentive stock options, initial vesting of this option commenced January 2002.

Documents

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