HART ALEX P 4
4 · TIER TECHNOLOGIES INC · Filed Aug 18, 2010
Insider Transaction Report
Form 4
HART ALEX P
DirectorPresident and CEO
Transactions
- Award
Employee stock option (right to buy)
2010-08-16+300,000→ 300,000 totalExercise: $5.06Exp: 2020-08-16→ Common Stock (300,000 underlying) - Award
Employee stock option (right to buy)
2010-08-16+100,000→ 400,000 totalExercise: $5.06Exp: 2020-08-16→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Options vest as to 25% of the shares under the option on the first anniversary of the date of grant and as to an additional 1/48 of such shares on the same date in each succeeding month.