TALLMAN RICHARD J 4
4 · PROXIM CORP · Filed Feb 3, 2005
Insider Transaction Report
Form 4
PROXIM CORPPROX
TALLMAN RICHARD J
SVP,General Counsel & Secretar
Transactions
- Award
Employee Stock Option (right to buy)
2005-02-01+75,000→ 75,000 totalExercise: $2.05Exp: 2015-02-01→ Class A Common Stock (75,000 underlying) - Award
Class A Common Stock
2005-02-01+75,000→ 75,500 total
Footnotes (3)
- [F1]Restricted Stock Units issued pursuant to the Proxim Corporation's 1995 Long-Term 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 additional share total after the reported transaction includes 250 shares acquired 2/2/04 and 250 shares acquired 1/31/05 pursuant to the Issuer's Employee Stock Purchase Plan.
- [F3]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 balance of the shares each month thereafter.