KUGEL WAYNE J 4
4 · CRAY INC · Filed May 15, 2009
Insider Transaction Report
Form 4
CRAY INCCRAY
KUGEL WAYNE J
Senior Vice President
Transactions
- Award
Common Stock
2009-05-13$3.75/sh+40,000$150,200→ 59,950 total - Award
Stock Option Grant
2009-05-13+40,000→ 55,000 totalExercise: $3.74From: 2010-05-13Exp: 2019-05-13→ Common (40,000 underlying)
Footnotes (2)
- [F1]Restricted stock award, 20,000 shares will vest on May 15, 2011 and remaining 20,000 shares will vest in full on May 15, 2013.
- [F2]The option will vest 25% on May 13, 2010 and 1/36th of the balance monthly thereafter to vest in full on May 13, 2013; all options are non-qualified stock options.