GREEN MICHAEL B 4
4 · VITESSE SEMICONDUCTOR CORP · Filed Feb 9, 2010
Insider Transaction Report
Form 4
VITESSE SEMICONDUCTOR CORPVTSS.PK
GREEN MICHAEL B
VP, General Counsel & Sec
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-02-05−80,000→ 0 totalExercise: $0.37From: 2009-10-14Exp: 2018-10-13→ Common Stock (80,000 underlying) - Disposition to Issuer
Common Stock
2010-02-05−50,000→ 0 total
Footnotes (2)
- [F1]The waiver of Mr. Green's rights or claims to all restricted stock units and stock options was part of a Resignation & Separation Agreement and General Release of Claims between Mr. Green and the issuer.
- [F2]The options vest 50% on October 14, 2009 with the remainder vesting in two annual installments of 25% each on October 13, 2010 and October 13, 2011, respectively.