4//SEC Filing
Heimark Craig Foster 4
Accession 0001328902-10-000002
CIK 0001111632other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 9:03 PM ET
Size
28.8 KB
Accession
0001328902-10-000002
Insider Transaction Report
Form 4
Heimark Craig Foster
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-06-15+3,250→ 45,250 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (3,250 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-06-15+3,500→ 21,000 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (3,500 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-06-15+17,500→ 17,500 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (17,500 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-06-15+3,500→ 42,000 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (3,500 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-06-15+32,500→ 77,750 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (32,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 5,000 totalExercise: $1.54Exp: 2016-01-02→ Common Stock (25,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 0 totalExercise: $1.54Exp: 2016-01-02→ Common Stock (5,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-06-15+17,500→ 38,500 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (17,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−25,000→ 5,000 totalExercise: $1.69Exp: 2017-01-03→ Common Stock (25,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 0 totalExercise: $1.69Exp: 2017-01-03→ Common Stock (5,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−50,000→ 0 totalExercise: $2.25Exp: 2015-06-01→ Common Stock (50,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-06-15−5,000→ 0 totalExercise: $2.50Exp: 2015-07-20→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]The option vests as to 50% of the shares on the first anniversary of the grant date, and as to 50% of the shares on the second year anniversary of the grant date, subject to continued service through each vesting date; provided, however, that the granted option fully vests and is exercisable as to 100% of the shares upon a change in control.
- [F2]On June 15, 2010, the issuer canceled, pursuant to the issuer's option exchange program, the eligible unexercised options granted to the reporting person. In exchange for these canceled options, the reporting person received new options to purchase the issuer's Common Stock.
- [F3]25% of the shares subject to the option shall become vested and exercisable one year after the date of grant and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter
- [F4]There is one year cliff on the total combined grant and 25% can be exercised 12 months from the date of grant. The remaining amount vests quarterly in equal installments.
Documents
Issuer
AVISTAR COMMUNICATIONS CORP
CIK 0001111632
Entity typeother
Related Parties
1- filerCIK 0001328902
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 9:03 PM ET
- Size
- 28.8 KB