SCOTT STEVEN LEE 4
4 · CRAY INC · Filed May 18, 2011
Insider Transaction Report
Form 4
CRAY INCCRAY
SCOTT STEVEN LEE
Senior VP & CTO
Transactions
- Sale
Common Stock
2011-05-16$6.45/sh−13,200$85,119→ 126,938 total
Holdings
- 3,889(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Shares reported represent an amount sold pursuant to a Rule 10b5-1 sales plan to cover the tax liabilities relating to the vesting of restricted stock of the reporting person on May 15, 2011.
- [F2]In 2010, the reporting person acquired 254 shares under the Cray 401(k) plan through Company matching contributions of common stock, which transaction was exempt from the SEC's Section 16 reporting requirements.