CRAY INC 4
4 · CRAY INC · Filed May 8, 2015
Insider Transaction Report
Form 4
CRAY INCCRAY
WILLIAMS MARGARET ANN
Senior Vice President
Transactions
- Award
Stock Option (right to buy)
2015-05-06+8,000→ 8,000 totalExercise: $27.83Exp: 2025-05-06→ Common Stock (8,000 underlying) - Award
Restricted Stock Units (RSU)
2015-05-06+8,000→ 8,000 total→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]Fifty percent (50%) of the shares will vest on each of May 6, 2016 and May 6, 2017, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F3]Fifty percent (50%) of these shares will vest on each of May 6, 2016 and May 6, 2017, with 100% of the total shares vested and exercisable on May 6, 2017, subject to the reporting person's provision of service to the issuer on each vesting date.