PROCERA NETWORKS, INC. 4
4 · PROCERA NETWORKS, INC. · Filed Dec 4, 2013
Insider Transaction Report
Form 4
Constanti Charles
Chief Financial Officer
Transactions
- Award
Common Stock
2013-12-03+10,000→ 55,300 total - Award
Stock Option (Right to Buy)
2013-12-03+16,000→ 16,000 totalExercise: $14.59From: 2014-12-03Exp: 2023-12-03→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]Represents a restricted stock unit award ("RSU") of common stock under the Issuer's 2007 Equity Incentive Plan. 50% of the shares subject to the RSU shall vest on June 3, 2015 and the remaining 50% of the shares shall vest on December 3, 2016, the three year anniversary of the grant date of the award.
- [F2]The option vests over a four year period, with 25% of the shares subject to the option vesting on the first anniversary of the grant date and the balance vesting in 36 equal consecutive monthly installments thereafter until the option becomes fully vested and exercisable.