4//SEC Filing
SCIENTIFIC LEARNING CORP 4
Accession 0001209191-14-019785
CIK 0001042173operating
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 3:47 PM ET
Size
8.6 KB
Accession
0001209191-14-019785
Insider Transaction Report
Form 4
TALLAL PAULA A DR
Director
Transactions
- Award
Restricted Stock Unit
2014-01-01+1,875→ 1,875 total→ Common Stock (1,875 underlying) - Award
Nonqualified Stock Option (Right to Buy)
2014-01-01+3,750→ 3,750 totalExercise: $0.24Exp: 2023-12-31→ Common Stock (3,750 underlying)
Footnotes (2)
- [F1]Option granted on January 1, 2014 pursuant to the Issuer's 1999 Equity Incentive Plan. The option, representing a right to purchase 3,750 shares, will vest over a three year period, with the vesting period commencing upon grant, in equal monthly installments, provided that no options shall vest after the director's service as a non-employee member of the Board ends.
- [F2]On January 1, 2014, the reporting person received 1,875 restricted stock units under the Issuer's 1999 Equity Incentive Plan. The restricted stock units will vest in six equal installments over a three year period, at approximately six-month intervals, on the Company's regular RSU vesting dates, provided that no options shall vest after the director's service as a non-employee member of the Board ends. 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.
Documents
Issuer
SCIENTIFIC LEARNING CORP
CIK 0001042173
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001042173
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 3:47 PM ET
- Size
- 8.6 KB