NCI, Inc. 4
4 · NCI, Inc. · Filed Jun 7, 2013
Insider Transaction Report
Form 4
NCI, Inc.NCIT
Cappello Michele R
Senior Vice President, GC
Transactions
- Award
Non-Qualified Class A common stock options - (right to buy)
2013-06-05+75,000→ 75,000 totalExercise: $4.51Exp: 2020-06-05→ Class A common stock (75,000 underlying)
Footnotes (2)
- [F1]These options vest in accordance with the following schedule: 33 1/3% vest three years from the commencement date, June 5, 2013; 33 1/3% vest fours years from the commencement date and 33 1/3% vest five years from the commencement date.
- [F2]Notwithstanding the time based vesting above, acceleration of vesting would occur if the stock price reached certain pre-determined average values over a continuous 30 day period. The average value would be calculated using the closing stock price as reported by NASDAQ for all applicable trading days within the continuous 30 day window. The pre-determined values for accelerated vesting for each traunch of options are $8.00 for the first 33 1/3% of options, $10.00 for the second 33 1/3% of options and $12.00 for the remaining 33 1/3% of options.