DITECH NETWORKS INC 4
4 · DITECH NETWORKS INC · Filed Feb 20, 2007
Insider Transaction Report
Form 4
TRANGSRUD LOWELL B
Exec. VP and C.O.O.
Transactions
- Award
Common Stock
2007-02-15+12,500→ 19,380 total - Award
Non-Qualified Stock Option (right to buy)
2007-02-15+37,500→ 37,500 totalExercise: $7.22From: 2007-12-01Exp: 2017-02-15→ Common Stock (37,500 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award that vests 25% on 12/15/07 with the remaining balance vesting in equal installments semi-annually of the next three years.
- [F2]Option is exercisable as it vest. Option will vest 25% on 12/1/07 and the balance will vest monthly thereafter for the next 36 months.