Perna Steffan M 4
4 · VITESSE SEMICONDUCTOR CORP · Filed Dec 12, 2011
Insider Transaction Report
Form 4
Perna Steffan M
VP Marketing
Transactions
- Award
Common Stock
2011-12-09+37,500→ 71,318 total - Award
Stock Option (Right to Buy)
2011-12-09+12,500→ 12,500 totalExercise: $2.54→ Common Stock (12,500 underlying) - Tax Payment
Common Stock
2011-12-09$2.54/sh−1,228$3,119→ 70,090 total
Footnotes (3)
- [F1]Represents a grant of restricted stock units ("RSUs"). 25% of the RSUs vests on February 1, 2012, and an additional 25% vests on each of the first, second and third anniversaries of the grant date.
- [F2]Represents shares automatically withheld upon settlement of vested restricted stock units to satisfy tax withholding obligation.
- [F3]25% vests on February 1, 2012, and an additional 25% vests on each of the first, second and third anniversaries of the grant date.