CRAY INC 4
4 · CRAY INC · Filed May 20, 2008
Insider Transaction Report
Form 4
CRAY INCCRAY
KUGEL WAYNE J
Senior Vice President
Transactions
- Award
Stock Option Grant
2008-05-16+15,000→ 53,849 totalExercise: $6.63From: 2009-05-16Exp: 2018-05-16→ Common (15,000 underlying) - Award
Common Stock
2008-05-16+15,000→ 21,350 total
Footnotes (2)
- [F1]Restricted stock award, 7,500 shares will vest on May 15, 2010 and remaining 7,500 shares will vest in full on May 15, 2012.
- [F2]The option will vest 25% on May 16, 2009 and 1/36th of the balance monthly thereafter to vest in full on May 16, 2012; all options are incentive stock options.