4//SEC Filing
Reali Kenneth Michael 4
Accession 0001209191-11-012521
CIK 0001230355other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:45 PM ET
Size
11.1 KB
Accession
0001209191-11-012521
Insider Transaction Report
Form 4
TRANS1 INCTSON
Reali Kenneth Michael
President & COO
Transactions
- Award
Stock Option (right to buy)
2011-02-22+50,000→ 50,000 totalExercise: $3.54Exp: 2021-02-22→ Common Stock (50,000 underlying) - Award
Stock Option (right to buy)
2011-02-22+50,000→ 50,000 totalExercise: $3.54Exp: 2021-02-22→ Common Stock (50,000 underlying) - Award
Stock Option (right to buy)
2011-02-22+50,000→ 50,000 totalExercise: $3.54Exp: 2021-02-22→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]The issuer granted Mr. Reali incentive stock options to purchase 50,000 shares of the issuer's common stock.
- [F2]The issuer granted Mr. Reali incentive stock options to purchase 50,000 shares of the issuer's common stock.
- [F3]The issuer granted Mr. Reali non-qualified stock options to purchase 50,000 shares of the issuer's common stock.
- [F4]The stock options shall vest as to 25% of the shares on February 22, 2012 and in 36 equal monthly installments thereafter. To the extent such incentive stock options exceed the $100,000 per year limitation provided in section 422(d) of the Internal Revenue Code, they will be treated as non-qualified stock options.
- [F5]The vesting of the stock options shall be tied to the achievement of certain corporate performance milestones for fiscal year 2011. Upon achieving such milestones, the portion of the stock options subject to each milestone shall vest as to 25% of the shares on February 22, 2012 and in 36 equal monthly installments thereafter. To the extent such incentive stock options exceed the $100,000 per year limitation provided in section 422(d) of the Internal Revenue Code, they will be treated as non-qualified stock options.
- [F6]The vesting of the stock options shall be tied to the achievement of a company revenue milestone for fiscal year 2012. Upon achieving such milestone, the stock options shall vest as to 50% of the shares in January 2013 and the remaining 50% shall vest in 24 equal monthly installments thereafter.
Documents
Issuer
TRANS1 INC
CIK 0001230355
Entity typeother
Related Parties
1- filerCIK 0001480801
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:45 PM ET
- Size
- 11.1 KB