SPECTRALINK CORP 4
4 · SPECTRALINK CORP · Filed Feb 24, 2005
Insider Transaction Report
Form 4
SPECTRALINK CORPSLNK
ELMS JOHN
DirectorCEO and President
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2005-02-22−4,002→ 12,626 totalExercise: $3.56From: 2000-04-28Exp: 2007-04-28→ Common Stock (4,002 underlying) - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2005-02-22−998→ 0 totalExercise: $3.56From: 2000-04-28Exp: 2007-04-28→ Common Stock (998 underlying) - Award
Common Stock
2005-02-22$3.56/sh+5,000$17,815→ 7,500 total
Footnotes (2)
- [F1]Transaction was pursuant to reporting person's selling plans adopted pursuant to Rule 10b5-1.
- [F2]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.