Parthasarathi Arvind 4
4 · CRAY INC · Filed Jul 3, 2012
Insider Transaction Report
Form 4
CRAY INCCRAY
Parthasarathi Arvind
SVP and GM YarcData
Transactions
- Award
Stock Option (right to buy)
2012-07-01+25,000→ 25,000 totalExercise: $12.08Exp: 2022-07-01→ Common Stock (25,000 underlying) - Award
Common Stock
2012-07-01+25,000→ 125,000 total
Footnotes (2)
- [F1]Restricted stock award: 6,250 shares will vest on July 1, 2013, 6,250 shares will vest on July 1, 2014, 6,250 shares will vest on July 1, 2015 and the remaining 6,250 shares will vest on July 1, 2016, subject, however, to the reporting person's provision of service to the issuer on each vesting date.
- [F2]25% vests on July 1, 2013 and 1/48th vests monthly thereafter, with the result that 100% of the grant amount shall vest and be exercisable on July 1, 2016, subject, however, to the reporting person's provision of service to the issuer on each vesting date.