Perna Steffan M 4
4 · VITESSE SEMICONDUCTOR CORP · Filed Aug 12, 2010
Insider Transaction Report
Form 4
VITESSE SEMICONDUCTOR CORPVTSS.PK
Perna Steffan M
VP Marketing
Transactions
- Award
Common Stock
2010-08-11+25,000→ 25,000 total - Award
Stock Option (right to buy)
2010-08-11+25,000→ 25,000 totalExercise: $3.83From: 2011-08-11Exp: 2020-08-11→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs"). 50% of the RSUs vests on the first anniversary of the grant and an additional 50% on the next 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.