Moyer John H 4
4 · SMART Modular Technologies (WWH), Inc. · Filed Oct 1, 2009
Insider Transaction Report
Form 4
Moyer John H
VP - Human Resources
Transactions
- Award
Common Stock
2009-09-29+20,000→ 85,000 total - Award
Common Stock
2009-09-29+15,000→ 65,000 total - Award
Employee Stock Option
2009-09-29+40,000→ 220,000 totalExercise: $5.20Exp: 2019-09-28→ Common Stock (40,000 underlying)
Footnotes (5)
- [F1]Reflects target number of performance-based restricted share units (RSUs), with a minimum award of 50% of the target and a possible maximum award of 150% of the target. The number of RSUs awarded will be based on the Company's stock price performance compared to the Russell Microcap Index (IWC) over a three year period, starting in October 2009. Subject to continued employment, RSUs earned shall vest on 10/15/2012.
- [F2]Represents time-based RSUs. Subject to continued employment, the RSUs shall vest on 10/15/2011.
- [F3]Reflects direct beneficial ownership of 75,000 RSUs and 10,000 shares of common stock.
- [F4]The option becomes exercisable in 48 equal monthly installments beginning 10/29/09.
- [F5]Reflects direct beneficial ownership of 100,000 options to purchase common stock at $8.93 per share; 80,000 options to purchase common stock at $2.84 per share; and 40,000 options to purchase common stock at $5.20 per share.