Mohapatra Sandip 4
4 · TIER TECHNOLOGIES INC · Filed May 12, 2011
Insider Transaction Report
Form 4
Mohapatra Sandip
Chief Technology Officer
Transactions
- Award
Stock Option
2011-05-10+100,000→ 100,000 totalExercise: $5.22Exp: 2021-05-09→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The option will become exercisable assuming the employee's continued employment, as to 25% of the shares under the option on the first anniversary of the date of the grant and as to an additional 1/48th of such shares on the same date in each succeeding month.