Blanton George A 4
4 · ANAREN INC · Filed Jul 15, 2011
Insider Transaction Report
Form 4
ANAREN INCANEN
Blanton George A
CFO, Senior VP and Treasurer
Transactions
- Disposition to Issuer
Common Stock
2011-06-30−14,191→ 53,880 total
Footnotes (1)
- [F1]The shares of restricted stock were granted to the reporting person on May 17, 2006 and were subject to forfeiture until the latter of the third anniversary of the date of grant or the last day of Anaren, Inc.'s single fiscal year (but no later than fiscal year 2011) during which the company had both (A) net sales from operations of at least $250 million and (B) operating income of at least 12% of the net sales, excluding certain expenses. These shares were forfeited because the financial performance conditions identified above were not met by June 30, 2011.