CRAY INC 4
4 · CRAY INC · Filed Nov 24, 2014
Insider Transaction Report
Form 4
CRAY INCCRAY
WILLIAMS MARGARET ANN
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2014-11-20$6.08/sh+20,625$125,400→ 197,404 total - Exercise/Conversion
Stock Option (right to buy)
2014-11-20−25,001→ 0 totalExercise: $3.74Exp: 2019-05-13→ Common Stock (25,001 underlying) - Exercise/Conversion
Common Stock
2014-11-20$3.74/sh+25,001$93,504→ 165,945 total - Sale
Common Stock
2014-11-20$32.31/sh−56,460$1,823,991→ 140,944 total - Exercise/Conversion
Common Stock
2014-11-20$5.47/sh+10,834$59,262→ 176,779 total - Exercise/Conversion
Stock Option (right to buy)
2014-11-20−10,834→ 0 totalExercise: $5.47Exp: 2020-05-12→ Common Stock (10,834 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-11-20−20,625→ 8,438 totalExercise: $6.08Exp: 2021-11-16→ Common Stock (20,625 underlying)
Holdings
- 4,091(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- [F2]The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.69 to $32.50 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
- [F3]This option was fully vested and exercisable as of May 13, 2013.
- [F4]This option was fully vested and exercisable on May 12, 2014.
- [F5]Twenty-five percent of the options vested on August 3, 2012 and 1/48th vests monthly thereafter, with 100% vested and exercisable on August 3, 2015.