Home/Filings/4/0001230906-10-000001
4//SEC Filing

LAUWERS J CHRIS 4

Accession 0001230906-10-000001

CIK 0001111632other

Filed

Jun 16, 8:00 PM ET

Accepted

Jun 17, 8:50 PM ET

Size

65.8 KB

Accession

0001230906-10-000001

Insider Transaction Report

Form 4
Period: 2010-06-15
Transactions
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+39,18083,632 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (39,180 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+26,250311,586 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (26,250 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-156,2500 total
    Exercise: $0.86Exp: 2011-04-16Common Stock (6,250 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1523,8580 total
    Exercise: $1.16Exp: 2014-04-21Common Stock (23,858 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1543,7500 total
    Exercise: $1.21Exp: 2012-05-14Common Stock (43,750 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1524,7530 total
    Exercise: $1.52Exp: 2016-04-18Common Stock (24,753 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1537,5000 total
    Exercise: $1.60Exp: 2017-04-18Common Stock (37,500 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+26,25052,194 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (26,250 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+80,913164,545 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (80,913 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-15112,7080 total
    Exercise: $0.90Exp: 2013-04-23Common Stock (112,708 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-15101,14223,858 total
    Exercise: $1.16Exp: 2014-04-21Common Stock (101,142 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+90,166254,711 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (90,166 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+30,625285,336 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (30,625 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1530,0000 total
    Exercise: $0.95Exp: 2019-04-15Common Stock (30,000 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1560,2780 total
    Exercise: $2.91Exp: 2015-04-20Common Stock (60,278 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+15,75067,944 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (15,750 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+29,833160,354 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (29,833 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+24,00024,000 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (24,000 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-06-1537,5000 total
    Exercise: $1.47Exp: 2011-04-10Common Stock (37,500 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+17,67285,616 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (17,672 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+25,819111,435 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (25,819 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2010-06-1551,8880 total
    Exercise: $0.86Exp: 2011-04-16Common Stock (51,888 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+25,94425,944 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (25,944 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+18,375178,729 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (18,375 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+43,750222,479 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (43,750 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+5,000227,479 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (5,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2010-06-1537,2920 total
    Exercise: $0.90Exp: 2013-04-23Common Stock (37,292 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+3,12527,125 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (3,125 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2010-06-15+17,32744,452 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (17,327 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2010-06-15+19,086130,521 total
    Exercise: $0.55Exp: 2020-06-15Common Stock (19,086 underlying)
Footnotes (5)
  • [F1]The option vests as to 34% of the shares on the first anniversary of the grant date, and as to 33% of the shares on each of the next yearly anniversaries of the grant date, so as to fully vested in 3 years, subject to continued service through each vesting date; provided, however, that the granted option fully vests and is exercisable as to 100% of the shares upon a change in control.
  • [F2]On June 15, 2010, the issuer canceled, pursuant to the issuer's option exchange program, the eligible unexercised options granted to the reporting person. In exchange for these canceled options, the reporting person received new options to purchase the issuer's Common Stock.
  • [F3]The option vests as to 50% of the shares on the first anniversary of the grant date, and as to 50% of the shares on the second year anniversary of the grant date, subject to continued service through each vesting date; provided, however, that the granted option fully vests and is exercisable as to 100% of the shares upon a change in control.
  • [F4]33.3% of the shares subject to the option shall become vested and excercisable 6 months after the date of the grant and 4.8% of the shares subject to the option shall vest at the end of each month thereaafter until the completion of the 20 month vesting period.
  • [F5]25% of the shares subject to the option shall become vested and exercisable one year after the date of grant and 1/16th of the sares subject to the option shall vest at the end of each three month period thereafter

Issuer

AVISTAR COMMUNICATIONS CORP

CIK 0001111632

Entity typeother

Related Parties

1
  • filerCIK 0001230906

Filing Metadata

Form type
4
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 8:50 PM ET
Size
65.8 KB