Huke S Craig 4
4 · Double-Take Software, Inc. · Filed Feb 18, 2009
Insider Transaction Report
Form 4
Huke S Craig
Chief Financial Officer
Transactions
- Award
Employee Stock Option (right to buy)
2009-02-16+14,925→ 14,925 totalExercise: $7.03Exp: 2019-02-15→ Common Stock (14,925 underlying) - Award
Restricted Stock Units
2009-02-16+13,060→ 13,060 totalExercise: $0.00→ Common Stock (13,060 underlying)
Footnotes (3)
- [F1]The option vests 1/48th of the total number of shares each month from the grant date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Double-Take Software common stock.
- [F3]The restricted stock units vest in four equal annual installments beginning February 16th, 2010. In certain instances, delivery of shares may be delayed to facilitate the ability of the reporting person to sell shares to cover tax obligations.