Bromage Bruce 4
4 · SYMMETRICOM INC · Filed Aug 8, 2005
Insider Transaction Report
Form 4
SYMMETRICOM INCSYMM
Bromage Bruce
Exec. VP & Gen. Mgr.-TT&M Div.
Transactions
- Award
Common Stock
2005-08-04+8,000→ 10,250 total - Award
Non-Qualified Stock Option (right to buy)
2005-08-04$9.42/sh+25,000$235,500→ 25,000 totalExercise: $9.42From: 2006-08-04Exp: 2010-08-04→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Restricted stock awards with 3 year vesting of 25% year 1, 25% year 2, and 50% year 3, measured from the grant date.
- [F2]The shares become vested and exercisable at the rate of 25% per year for the first two years, measured from the grant date. The remaining 50% of the total shares granted become vested and exercisable on the third year measured from the grant date.