Morrell Calvin 4
4 · NAVARRE CORP /MN/ · Filed Nov 15, 2010
Insider Transaction Report
Form 4
Morrell Calvin
President Encore Software
Transactions
- Exercise/Conversion
Common Stock
2010-11-13+3,750→ 8,657 total - Tax Payment
Common Stock
2010-11-13$2.28/sh−1,376$3,137→ 7,281 total - Exercise/Conversion
Restricted Stock Unit
2010-11-13−3,750→ 3,750 totalExercise: $0.00→ Common Stock (3,750 underlying)
Footnotes (2)
- [F1]Surrender to the Company of shares to cover the minimum statutory tax withholding obligations occasioned by the vesting of Restricted Stock Units.
- [F2]Vesting of Restricted Stock Units granted pursuant to the terms of the Company's 2004 Stock Plan on November 13, 2008.