SCIENTIFIC LEARNING CORP 4
4 · SCIENTIFIC LEARNING CORP · Filed Mar 12, 2014
Insider Transaction Report
Form 4
MOORHEAD RODMAN
Director
Transactions
- Exercise/Conversion
Common Stock
2014-03-10+313→ 817,058 total - Exercise/Conversion
Restricted Stock Unit
2014-03-10−313→ 1,250 total→ Common Stock (313 underlying) - Exercise/Conversion
Restricted Stock Unit
2014-03-10−500→ 1,500 total→ Common Stock (500 underlying) - Exercise/Conversion
Common Stock
2014-03-10+500→ 816,745 total
Footnotes (3)
- [F1]Issued on vesting of restricted stock units issued under the Company's 1999 Equity Incentive Plan.
- [F2]On January 1, 2013, the reporting person received 1,875 restricted stock units under the Issuer's 1999 Equity Incentive Plan. The restricted stock units vest in six equal installments over a three year period, at approximately six-month intervals, on the Company's regular RSU vesting dates. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
- [F3]On October 17, 2012, the reporting person received 3,000 restricted stock units under the Issuer's 1999 Equity Incentive Plan. 1/6th of the restricted stock units vested on March 10, 2013, with 1/6th of the restricted stock units vesting on each September 10th and March 10th thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.