SONUS NETWORKS INC 4
4 · SONUS NETWORKS INC · Filed Nov 17, 2011
Insider Transaction Report
Form 4
CUNNINGHAM JOHN PATRICK JR
Director
Transactions
- Award
Stock Option (right to buy)
2011-11-15+20,000→ 20,000 totalExercise: $2.61Exp: 2021-11-15→ Common Stock (20,000 underlying) - Award
Common Stock
2011-11-15+5,000→ 10,000 total
Footnotes (2)
- [F1]These are restricted shares of Common Stock that vest on the earlier of (1) immediately prior to the Issuer's 2012 Annual Meeting of Stockholders, or (2) November 15, 2012.
- [F2]25% of the shares underlying this option vests on November 15, 2012. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months.