YONKER RICHARD C 4
4 · VITESSE SEMICONDUCTOR CORP · Filed Mar 1, 2010
Insider Transaction Report
Form 4
VITESSE SEMICONDUCTOR CORPVTSS.PK
YONKER RICHARD C
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2010-02-25+900,000→ 900,000 totalExercise: $0.26From: 2011-02-25Exp: 2020-02-25→ Common Stock (900,000 underlying) - Award
Common Stock
2010-02-25+900,000→ 1,000,000 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs"). One third of the RSUs vests on the first anniversary of the grant and an additional one third each anniversary thereafter until the RSUs are fully vested.
- [F2]Date at which first vesting occurs is indicated. 25% of the option vests on the first vesting date and an additional 25% each anniversary thereafter until the option is fully vested.