4//SEC Filing
Banga Gaurav 4
Accession 0001209191-09-053866
CIK 0000832767other
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 6:18 PM ET
Size
6.2 KB
Accession
0001209191-09-053866
Insider Transaction Report
Form 4
Banga Gaurav
Sr. VP & CTO
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2009-11-20+200,000→ 710,000 totalExercise: $2.63Exp: 2019-11-20→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]50% of the shares subject to the stock option shall vest if the closing price per share of the Issuer's common stock as reported on the NASDAQ Global Market system (the "Closing Price") is equal to or greater than $5.00 for forty-five (45) consecutive trading days; and 50% of the shares subject to the option shall vest if the Closing Price is equal to or greater than $7.00 for forty-five (45) consecutive trading days. The option is not subject to the vesting acceleration provisions contained in any Severance and Change of Control Agreement between the Issuer and the Reporting Person.
Documents
Issuer
PHOENIX TECHNOLOGIES LTD
CIK 0000832767
Entity typeother
Related Parties
1- filerCIK 0001377920
Filing Metadata
- Form type
- 4
- Filed
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 6:18 PM ET
- Size
- 6.2 KB