KALUSH GREG 4
4 · INTERPHASE CORP · Filed Feb 10, 2011
Insider Transaction Report
Form 4
INTERPHASE CORPINPH
KALUSH GREG
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2011-02-10$1.95/sh−400$780→ 149,977 total - Award
Stock Option (right to buy)
2011-02-08+100,000→ 447,500 totalExercise: $1.78From: 2012-02-08Exp: 2021-02-08→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Automatic sale made pursuant to a previously adopted Rule 10b5-1 Trading Plan. The sale represents only enough shares to cover the estimated tax withholding obligation for the vesting of restricted stock. The Reporting Person is holding the remaining shares.
- [F2]Grant of stock options which will vest over three years.