Brelsford James F. 4
4 · SANDISK CORP · Filed Feb 22, 2012
Insider Transaction Report
Form 4
SANDISK CORPSNDK
Brelsford James F.
SVP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2012-02-19$47.79/sh+330$15,771→ 955 total - Tax Payment
Common Stock
2012-02-19$47.79/sh−138$6,595→ 817 total - Exercise/Conversion
Common Stock
2012-02-22$47.48/sh+1,100$52,228→ 1,917 total - Tax Payment
Common Stock
2012-02-22$47.48/sh−437$20,749→ 1,480 total - Award
Employee Stock Option
2012-02-17+22,500→ 22,500 totalExercise: $47.79Exp: 2019-02-16→ Common Stock (22,500 underlying) - Award
Restricted Stock Unit
2012-02-17+7,500→ 7,500 totalExp: 2019-02-16→ Common Stock (7,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2012-02-19−330→ 0 totalExp: 2015-02-18→ Common Stock (330 underlying) - Exercise/Conversion
Restricted Stock Unit
2012-02-22−1,100→ 3,300 totalExp: 2018-02-21→ Common Stock (1,100 underlying)
Footnotes (6)
- [F1]Reflects the number of shares of Common Stock acquired in connection with the vesting of restricted stock units granted to the Reporting Person by the Issuer.
- [F2]Reflects the number of shares of Common Stock withheld by the Issuer to pay the tax liability of the Reporting Person resulting in a net issuance of the Issuer's Common Stock.
- [F3]Includes shares acquired pursuant to the Employee Stock Purchase Plan.
- [F4]Option Grant shall become exercisable with respect to 25% of the option shares on the first anniversary of the vesting commencement date and the balance in equal quarterly installments over the next three years thereafter.
- [F5]Represents an award of restricted stock units. Each such unit represents the right to receive one share of the Issuer's common stock upon the vesting of that unit.
- [F6]The award shall vest in four successive equal annual installments measured from the vesting commencement date.