Bruchey Marchai Burris 4
4 · CHORDIANT SOFTWARE INC · Filed Dec 1, 2009
Insider Transaction Report
Form 4
Bruchey Marchai Burris
VP & Chief Marketing Officer
Transactions
- Award
Restricted Stock Units
2009-11-24+25,000→ 25,000 total→ Common Stock (25,000 underlying) - Award
Stock Option (right to buy)
2009-11-24+49,000→ 49,000 totalExercise: $2.87From: 2009-12-24Exp: 2016-11-24→ Common Stock (49,000 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