Nelson Steven 4
4 · SCIQUEST INC · Filed Apr 26, 2013
Insider Transaction Report
Form 4
SCIQUEST INCSQI
Nelson Steven
Director
Transactions
- Award
Restricted Stock Unit
2013-04-24+3,010→ 11,905 totalFrom: 2014-04-24→ Common Stock (3,010 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting.
- [F2]This restricted stock unit vests in its entirety on the first anniversary of the date of grant. Once vested, (i) 50% of the shares subject to this restricted stock unit are immediately issuable upon vesting and (ii) 50% of the shares subject to this restricted stock unit shall be issuable upon the termination of the reporting person's service on the Board of Directors.