ZHONE TECHNOLOGIES INC 4
4 · ZHONE TECHNOLOGIES INC · Filed Apr 6, 2016
Insider Transaction Report
Form 4
Norrod James D
President & CEO
Transactions
- Disposition to Issuer
Stock Options (Right to purchase)
2016-03-31−1,250,000→ 0 totalExercise: $3.70Exp: 2021-07-21→ Common Stock (1,250,000 underlying)
Footnotes (1)
- [F1]The option vests as to 25% of the number of shares subject to the option on July 17, 2015, and 1/48th of the number of shares subject to the option on each monthly anniversary thereafter, subject to Mr. Norrod's continued employment through each such vesting date.