RETTERATH WILLIAM R 4
4 · DAKTRONICS INC /SD/ · Filed Dec 5, 2011
Insider Transaction Report
Form 4
RETTERATH WILLIAM R
Treasurer & CFO
Transactions
- Award
Incentive Stock Option
2011-12-01+11,000→ 11,000 totalExercise: $9.24Exp: 2021-11-30→ Common Stock (11,000 underlying) - Award
Restricted Stock Units
2011-12-01+2,200→ 2,200 totalExercise: $0.00→ Common Stock (2,200 underlying)
Footnotes (3)
- [F1]Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/1/12-20%; 12/1/13-20%; 12/1/14-20%; 12/1/15-20%; 12/1/16-20%
- [F2]Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
- [F3]Restricted Stock Units granted on 12/1/2011 vest 20% each year for five years beginning 12/1/2012. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.