Thomas Ward 4
4 · NAVARRE CORP /MN/ · Filed Nov 7, 2011
Insider Transaction Report
Form 4
Thomas Ward
President Bus. Svcs. & Dev.
Transactions
- Award
Stock Option (right to buy)
2011-11-03+75,000→ 75,000 totalExercise: $1.58From: 2012-11-03Exp: 2021-11-02→ Common Stock (75,000 underlying) - Award
Restricted Stock Unit
2011-11-03+25,000→ 25,000 totalExercise: $0.00Exp: 2015-11-03→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Units granted pursuant to the terms of the Company's Amended and Restated 2004 Stock Plan and vesting in three equal annual installments beginning one year from the date of grant, conditioned upon employment with the Company. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's common stock once vested.
- [F2]Employee Nonqualified Stock Option granted pursuant to the Company's Amended and Restated 2004 Stock Plan and representing a right to buy the designated number of shares of Company common stock exercisable in three equal annual installments beginning on the date indicated.