AUDIENCE INC 4
4 · AUDIENCE INC · Filed Feb 20, 2015
Insider Transaction Report
Form 4
AUDIENCE INCADNC
Santos Peter B
DirectorPresident and CEO
Transactions
- Award
Option to purchase common stock
2015-02-18+156,000→ 156,000 totalExercise: $4.60From: 2015-03-18Exp: 2025-02-18→ Common Stock (156,000 underlying) - Award
Restricted Stock Unit
2015-02-18+33,000→ 33,000 totalExercise: $0.00→ Common Stock (33,000 underlying)
Footnotes (3)
- [F1]Represents par value of ADNC Common stock
- [F2]12.5% of the restricted stock unit will vest on May 18, 2015, 12.5% of the restricted stock unit will vest every six months thereafter provided that the reporting person is a service provider to the Issuer on each such vest date. The shares will be delivered to reporting person on each such vest date.
- [F3]1/48th of the shares subject to the option shall vest and become exercisable each month after the grant date provided that the reporting person is a service provider to the Issuer on each such vest date.