Pendrell Corp 4
4 · Pendrell Corp · Filed Jul 24, 2015
Insider Transaction Report
Form 4
Richardson Scott Gardner
VP & Chief Product Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2015-07-24+108,000→ 108,000 totalExercise: $1.31From: 2016-07-24Exp: 2025-07-24→ Class A Common Stock (108,000 underlying) - Award
Restricted Stock Units
2015-07-24+12,000→ 12,000 totalExercise: $0.00From: 2016-07-24Exp: 2025-07-24→ Class A Common Stock (12,000 underlying)
Footnotes (2)
- [F1]50% of the award vests on July 24, 2016, 25% of the award vests on July 24, 2017 and 25% of the award vests on July 24, 2018, subject to the continued employment of the Reporting Person through such dates.
- [F2]Converts into Class A Common Stock on a one-for-one basis upon vesting.