SCIQUEST INC 4
4 · SCIQUEST INC · Filed Feb 7, 2014
Insider Transaction Report
Form 4
SCIQUEST INCSQI
Collingsworth Grant W.
General Counsel
Transactions
- Award
Stock Option (Right to Buy)
2014-02-05+22,970→ 282,445 totalExercise: $25.01Exp: 2024-02-05→ Common Stock (22,970 underlying) - Award
Restricted Stock Unit
2014-02-05+3,599→ 7,633 total→ Common Stock (3,599 underlying)
Footnotes (4)
- [F1]The Stock Options were granted on February 5, 2014 and vest in 1/48 increments monthly thereafter until February 5, 2018.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting without consideration.
- [F3]The Restricted Stock Units were granted on February 5, 2014 and vest in four equal annual installments on each anniversary of the grant date until February 5, 2018.
- [F4]Shares of common stock will be issuable with respect to the Restricted Stock Units upon the earlier to occur of the fifth anniversary of the grant date and a change of control of the Company.