Layton Steven F 4
4 · ENDWAVE CORP · Filed Feb 5, 2010
Insider Transaction Report
Form 4
ENDWAVE CORPENWV
Layton Steven F
SVP & Gen Mgr of Telecom Div
Transactions
- Award
NSO Employee Stock Option
2010-02-05+24,000→ 91,821 totalExercise: $2.65From: 2010-02-05Exp: 2020-02-04→ Common Stock (24,000 underlying) - Award
Common Stock
2010-02-05+16,000→ 20,389 total
Footnotes (2)
- [F1]Represents grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Endwave Corporation common stock. Restricted stock units will vest in two annual installments of 50% each beginning on February 5, 2011.
- [F2]The option is immediately exercisable. The shares subject to the option vest at a rate of 1/8th 6 months from the date of grant and 1/16th quarterly thereafter.