RAE SYSTEMS INC 4
4 · RAE SYSTEMS INC · Filed Jun 17, 2011
Insider Transaction Report
Form 4
HSI PETER C
DirectorCTO, VP Technology
Transactions
- Sale
Nonqualified Stock Option
2011-06-16$1.27/sh−50,000$63,500→ 0 totalExercise: $0.98From: 2010-05-01Exp: 2011-06-16→ Common Stock (50,000 underlying) - Sale
Nonqualified Stock Option
2011-06-16$0.85/sh−50,000$42,500→ 0 totalExercise: $1.40From: 2009-05-08Exp: 2011-06-16→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Vested over four years from grant date, which is one year prior to the Exercisable Date.
- [F2]Under the Merger Agreement with an affiliate of Vector Capital, vesting is accelerated for all unvested shares as of the Closing Date.
- [F3]The price equals $2.25 (the merger consideration under the Merger Agreement) less the exercise price.