SCIQUEST INC 4
4 · SCIQUEST INC · Filed Aug 2, 2013
Insider Transaction Report
Form 4
SCIQUEST INCSQI
Nelson Steven
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2013-07-31−1,510→ 10,395 totalFrom: 2013-07-31→ Common Stock (1,510 underlying) - Exercise/Conversion
Common Stock
2013-07-31+1,510→ 1,510 total
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, 50% of the shares subject to this Restricted Stock Unit are issuable upon vesting and the remaining 50% are issuable upon the termination of the reporting person's service on the Board of Directors.