Morrell Calvin 4
4 · NAVARRE CORP /MN/ · Filed Nov 13, 2009
Insider Transaction Report
Form 4
Morrell Calvin
President Encore Software
Transactions
- Exercise/Conversion
Common Stock
2009-11-13+3,750→ 3,750 total - Tax Payment
Common Stock
2009-11-13$2.55/sh−1,217$3,103→ 2,533 total - Exercise/Conversion
Restricted Stock Unit
2009-11-13−3,750→ 7,500 totalExercise: $0.00→ Common Stock (3,750 underlying)
Footnotes (2)
- [F1]Vesting of Restricted Stock Units granted pursuant to the terms of the Company's 2004 Stock Plan on November 13, 2008.
- [F2]Surrender to the Company of shares to cover the minimum statutory tax withholding obligations occasioned by the vesting of Restricted Stock Units.