SUTTON GARY 4
4 · WEBSENSE INC · Filed Jun 1, 2012
Insider Transaction Report
Form 4
WEBSENSE INCWBSN
SUTTON GARY
Director
Transactions
- Award
Common Stock
2012-05-31$0.01/sh+2,152$22→ 6,199 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-05-31+11,000→ 11,000 totalExercise: $18.58From: 2012-05-31Exp: 2019-05-31→ Common Stock (11,000 underlying)
Footnotes (2)
- [F1]The shares subject to both the option and the restricted stock units shall vest, and any repurchase right for the options shall lapse, in a series of twelve successive equal monthly installments upon the individual's completion of each month of service as a Board member measured from the award date.
- [F2]Of the 6,199 shares reported, 3,819 are Restricted Stock Units, which are subject to time-based vesting.