METCALFE ROBERT M 4

Accession 0001230915-10-000002

CIK 0001111632other

View on SEC.gov Company Profile

Filed

Jun 16, 8:00 PM ET

Accepted

Jun 17, 9:11 PM ET

Size

61.4 KB

Accession

0001230915-10-000002

Insider Transaction Report

Form 4

Period: 2010-06-15

AVISTAR COMMUNICATIONS CORPAVSR

METCALFE ROBERT M

Director

Transactions

Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−50,000→ 0 total
Exercise: $0.90Exp: 2013-04-23→ Common Stock (50,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−12,000→ 0 total
Exercise: $4.44Exp: 2010-11-03→ Common Stock (12,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+17,500→ 17,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (17,500 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+3,500→ 42,000 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (3,500 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+3,250→ 61,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (3,250 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+40,000→ 149,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (40,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+20,000→ 85,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (20,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 0 total
Exercise: $1.69Exp: 2017-01-03→ Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 0 total
Exercise: $2.50Exp: 2015-07-20→ Common Stock (5,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+3,500→ 21,000 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (3,500 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+4,000→ 109,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (4,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+42,900→ 197,200 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (42,900 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 5,000 total
Exercise: $0.77Exp: 2013-07-23→ Common Stock (25,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 0 total
Exercise: $0.77Exp: 2013-07-23→ Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 0 total
Exercise: $0.78Exp: 2014-07-21→ Common Stock (25,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+16,250→ 58,250 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (16,250 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+4,000→ 65,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (4,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+20,000→ 105,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (20,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+4,800→ 154,300 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (4,800 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+17,500→ 38,500 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (17,500 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 5,000 total
Exercise: $2.50Exp: 2015-07-20→ Common Stock (25,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2010-06-15+1,200→ 198,400 total
Exercise: $0.55Exp: 2020-06-15→ Common Stock (1,200 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−6,000→ 0 total
Exercise: $0.76Exp: 2012-07-23→ Common Stock (6,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−66,000→ 0 total
Exercise: $2.21Exp: 2011-06-12→ Common Stock (66,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 25,000 total
Exercise: $0.78Exp: 2014-07-21→ Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 25,000 total
Exercise: $1.54Exp: 2016-01-02→ Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 0 total
Exercise: $1.54Exp: 2016-01-02→ Common Stock (25,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 5,000 total
Exercise: $1.69Exp: 2017-01-03→ Common Stock (25,000 underlying)

Footnotes (5)

[F1]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.
[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]There is one year cliff on the total combined grant and 25% can be exercised 12 months from the date of grant. The remaining amount vests quarterly in equal installments.
[F4]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
[F5]25% of the shares subject to the option shall become vested and exercisable one year after the date of grant and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter

Documents

1 file

4
edgardoc.xmlPrimary
PRIMARY DOCUMENT

Issuer

AVISTAR COMMUNICATIONS CORP

CIK 0001111632

→

Entity typeother

Related Parties

filerCIK 0001230915

Filing Metadata

Form type: 4
Filed: Jun 16, 8:00 PM ET
Accepted: Jun 17, 9:11 PM ET
Size: 61.4 KB

View on SEC.gov