ROWE ROGER D 4
4 · INFOCUS CORP · Filed Jan 5, 2006
Insider Transaction Report
Form 4
INFOCUS CORPINFS
ROWE ROGER D
VP & Corp. Controller
Transactions
- Award
Common Stock (restricted shares)
2006-01-03+25,000→ 34,500 total - Award
Performance Stock Option (right-to-buy)
2006-01-03+30,000→ 30,000 totalExercise: $3.95From: 2007-02-03Exp: 2011-01-03→ Common Stock (30,000 underlying) - Award
Employee Stock Option (right-to-buy)
2006-01-03+30,000→ 30,000 totalExercise: $3.95From: 2007-01-03Exp: 2011-01-03→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Shares of restricted stock issued under the InFocus Corporation 1998 Stock Incentive Plan and subject to 4 year vesting schedule, with 25% vesting on the first anniversary of grant date and an additional 25% vesting on each of the second, third and fourth anniversaries of the grant date.
- [F2]Option becomes exercisable as to 40% of the total shares one year from the date of grant, and as to an additional 2.5% each month thereafter.
- [F3]Option becomes exercisable on February 3, 2007 as to up to 40% of the total shares if the Company achieves certain operating income goals, and as to up to an additional 2.6% of the total shares each month thereafter.