COREL CORP 3
3 · COREL CORP · Filed Nov 30, 2009
Insider Transaction Report
Form 3
COREL CORPCREL
Holdings
Stock Option
Exercise: $10.87Exp: 2018-05-08→ Common Stock (326,760 underlying)Stock Option
Exercise: $2.20Exp: 2019-07-24→ Common Stock (1,887,708 underlying)
Footnotes (2)
- [F1]This option becomes exerciseable at a rate of 8.33% on and after the end of each month after May 8, 2008.
- [F2]Options vest starting 12/01/2008 and vest over 4 years with a 1 year cliff and quarterly vesting threafter. If the Company completes a Significant Event (as defined in the Company's 2006 Equity Incentive Plan), then all of Mr. Hagerman's options will be deemed to vest on completion of that event, provided that, if Mr. Hagerman departs the Company within 6 months after the Significant Event, he will be required to forfeit the accelerated options or any common shares or cash received in connection with those accelerated options.