ANGEL MICHAEL D 4
4 · PROXIM CORP · Filed Feb 3, 2005
Insider Transaction Report
Form 4
PROXIM CORPprox
ANGEL MICHAEL D
Executive VP & CFO
Transactions
- Award
Employee Stock Option (right to buy)
2005-02-01+62,500→ 62,500 totalExercise: $2.05Exp: 2015-02-01→ Class A Common Stock (62,500 underlying) - Award
Class A Common Stock
2005-02-01+62,500→ 62,500 total
Footnotes (2)
- [F1]Restricted Stock Units issued pursuant to the 1999 Proxim Corporation Stock Incentive Plan. 1/3 of the shares subject to the Restricted Stock Unit award shall vest twelve months after the date of grant and 1/3 of the shares shall vest annually on each anniversary of the date of grant thereafter.
- [F2]The option vests at the rate of 1/4 of the shares subject to the option on the first anniversary of the date of grant and 1/48 of the shares subject to the option each month thereafter.