ESS TECHNOLOGY INC 4
4 · ESS TECHNOLOGY INC · Filed Feb 20, 2007
Insider Transaction Report
Form 4
ALEXANDER BRUCE J
Director
Transactions
- Award
Director Plan Stock Option (right to buy)
2007-02-16+40,000→ 40,000 totalExercise: $1.27Exp: 2017-02-15→ Common Stock (40,000 underlying) - Award
Equity Incentive Stock Option Plan (Right to Buy)
2007-02-17+4,167→ 4,167 totalExercise: $1.27Exp: 2017-02-16→ Common Stock (4,167 underlying)
Footnotes (2)
- [F1]12/48th of the total shares subject to the option (the "Total Shares") vest on February 16, 2008 and 1/48th of the Total Shares shall vest on the 16th day of each month thereafter.
- [F2]Vests ratably over 10 months so long as the Reporting Owner continuously serves as a member of the Audit Committee (the first vest date will be March 18, 2007).