Nelson Steven 4
4 · SCIQUEST INC · Filed Aug 2, 2012
Insider Transaction Report
Form 4
SCIQUEST INCSQI
Nelson Steven
Director
Transactions
- Award
Restricted Stock Unit
2012-07-31+8,895→ 8,895 totalExercise: $0.00From: 2013-07-31→ Common Stock (8,895 underlying)
Footnotes (1)
- [F1]This restricted stock unit vests in its entirety on the first anniversary of the date of grant. Once vested, (i) 1,510 of the shares subject to this restricted stock unit are immediately issuable upon vesting (provided that the recipient may elect to defer the issuance of such shares to a later date but no later than the termination of his service on the Board of Directors) and (ii) the remaining 7,385 of the shares subject to this restricted stock unit are issuable upon the termination of his service on the Board of Directors.