Gerber Raymond 4
4 · CHORDIANT SOFTWARE INC · Filed Dec 1, 2009
Insider Transaction Report
Form 4
Gerber Raymond
VP & Field CTO
Transactions
- Award
Stock Option (right to buy)
2009-11-24+33,000→ 33,000 totalExercise: $2.87From: 2009-12-24Exp: 2016-11-24→ Common Stock (33,000 underlying) - Award
Restricted Stock Units
2009-11-24+16,000→ 16,000 total→ Common Stock (16,000 underlying)
Footnotes (3)
- [F1]The shares vest in equal monthly installments over four (4) years from date of grant and have a term of seven (7) years
- [F2]Each restricted stock unit represents a contingent right to receive one share of CHRD common stock
- [F3]Vests twenty-five percent (25%) on the annual anniversary of the grant date for four (4) years