SONUS NETWORKS INC 4
4 · SONUS NETWORKS INC · Filed Aug 17, 2010
Insider Transaction Report
Form 4
CUNNINGHAM JOHN PATRICK JR
Director
Transactions
- Award
Stock Option (right to buy)
2010-08-16+20,000→ 20,000 totalExercise: $2.97Exp: 2020-08-16→ Common Stock (20,000 underlying) - Award
Common Stock
2010-08-16+5,000→ 5,000 total
Footnotes (2)
- [F1]These are restricted shares of Common Stock that vest over a four-year period as follows: 25% will vest on August 16, 2011. The remaining 75% of the shares shall vest in six equal increments semi-annually thereafter.
- [F2]25% of the shares underlying this option vests on August 16, 2011. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months.