OLSON DAVID E 4
4 · PROXIM CORP · Filed Sep 8, 2003
Insider Transaction Report
Form 4
PROXIM CORPPROX
OLSON DAVID E
SVP, Global Sales & Operations
Transactions
- Award
Option to purchase Class A Common Stock (right to buy)
2003-09-04+50,000→ 50,000 totalExercise: $1.81Exp: 2013-09-04→ Class A Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The shares subject to the option shall vest and become exercisable at the rate of 1/3 of the shares subject to the option one year from the date of grant and 1/12 of the shares subject to the option each three month period thereafter, such that all of the shares subject to the option are vested and exercisable three years from the date of grant.
- [F2]The price of the derivative security will be determined at a future date.