Cedar Yoram 4
4 · SANDISK CORP · Filed Feb 24, 2011
Insider Transaction Report
Form 4
SANDISK CORPSNDK
Cedar Yoram
EVP, Eng & Handset Business
Transactions
- Award
Employee Stock Option
2011-02-22+30,600→ 30,600 totalExercise: $48.85Exp: 2018-02-21→ Common Stock (30,600 underlying) - Award
Restricted Stock Units
2011-02-22+6,800→ 6,800 total→ Common Stock (6,800 underlying)
Footnotes (3)
- [F1]Option Grant shall become exercisable with respect to (i) 25% of the option shares upon optionee's completion of 1 year of service from the vesting commencement date and (ii) the balance of the option shares in equal quarterly installments upon optionee's completion of each of the next 36 months of service measured from and after the 1st anniversary of vesting commencement date.
- [F2]Represents an award of restricted stock units under the issuer's 2005 Stock Incentive Plan. Each such unit represents the right to receive one share of the Issuer's common stock upon the vesting of that unit.
- [F3]The award shall vest in four successive equal annual installments measured from the award date.