RETTERATH WILLIAM R 4
4 · DAKTRONICS INC /SD/ · Filed Aug 27, 2012
Insider Transaction Report
Form 4
RETTERATH WILLIAM R
Treasurer & CFO
Transactions
- Award
Incentive Stock Option
2012-08-23+10,800→ 10,800 totalExercise: $9.51Exp: 2022-08-22→ Common Stock (10,800 underlying) - Award
Restricted Stock Units
2012-08-23+2,160→ 2,160 totalExercise: $0.00→ Common Stock (2,160 underlying)
Footnotes (3)
- [F1]Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 8/23/13-20%; 8/23/14-20%; 8/23/15-20%; 8/23/16-20%; 8/23/17-20%
- [F2]Each Restricted Stock Unit represents the contingent right to receive one share of Daktroics, Inc. common stock.
- [F3]Restricted Stock Units granted on 8/23/2012 vest 20% each year for five years beginning on 8/23/2013. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.