CRAY INC 4
4 · CRAY INC · Filed Jul 3, 2013
Insider Transaction Report
Form 4
CRAY INCCRAY
Kim Geun-Bum Daniel
SVP, GM Cluster Solutions
Transactions
- Award
Common Stock
2013-07-01+16,000→ 23,000 total - Award
Stock Option (right to buy)
2013-07-01+17,000→ 17,000 totalExercise: $19.64Exp: 2023-07-01→ Common Stock (17,000 underlying) - Award
Common Stock
2013-07-01+7,000→ 7,000 total
Footnotes (3)
- [F1]All or a portion of these shares vest if and when certain performance criteria relating to the issuer or its subsidiary, YarcData LLC, are met, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F2]One-quarter of these shares vest on each of July 1, 2014, July 1, 2015, July 1, 2016 and July 1, 2017, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F3]One-quarter of these shares vest on July 1, 2014 and 1/48th of these shares vest monthly thereafter, with 100% of the total shares vested and exercisable on July 1, 2017, subject to the reporting person's provision of service to the issuer on each vesting date.