RANGE JEFFREY 4
4 · NETWORK EQUIPMENT TECHNOLOGIES INC · Filed Aug 1, 2005
Insider Transaction Report
Form 4
RANGE JEFFREY
VP Operations
Transactions
- Award
Non-Qualified Stock Option
2005-08-01+40,000→ 40,000 totalExercise: $4.69Exp: 2015-08-01→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]One third (1/3) of the total number of shares subject to the option shall vest on March 1, 2006, and the balance shall vest monthly on a pro-rata basis over the following 24 months.