MEINDL DR JAMES D 4
4 · SANDISK CORP · Filed Jun 3, 2010
Insider Transaction Report
Form 4
SANDISK CORPSNDK
MEINDL DR JAMES D
Director
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2010-06-02+6,250→ 6,250 totalExercise: $46.43Exp: 2017-06-01→ Common Stock (6,250 underlying) - Award
Common Stock
2010-06-02+1,750→ 56,247 total
Footnotes (3)
- [F1]Represents an award of restricted stock units under the issuer's 2005 Incentive Plan. Each such unit represents the right to receive one share of the Issuer's common stock upon the vesting of that unit. All the awarded units will vest upon the Reporting Person's continued service as a member of the Issuer's Board of Directors until the earlier of (i) the expiration of the one-year period measured from the award date or (ii) the day immediately preceding the date of the next annual meeting of the Issuer's stockholders.
- [F2]Includes 1,750 shares of the Issuer's common stock subject to restricted stock units, and those shares will not actually be issued until the units vest.
- [F3]Option shall be immediately exercisable for any or all of the option shares. However, any shares purchased under the option shall be subject to repurchase by the Corporation, at the exercise price paid per share, upon the Optionee's cessation of Board service prior to vesting in those shares. Option will vest upon the Reporting Person's continued service as a member of the Issuer's Board of Directors until the earlier of (i) the expiration of the one-year period measured from the award date or (ii) the day immediately preceding the date of the next annual meeting of the Issuer's stockholders.