4//SEC Filing
Westfield John M 4
Accession 0001357589-06-000005
CIK 0000709804other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 3:04 PM ET
Size
9.2 KB
Accession
0001357589-06-000005
Insider Transaction Report
Form 4
ADAPTEC INCADPT
Westfield John M
VP, Corp. Controller
Transactions
- Award
Incentive Stock Option (right to buy)
2006-06-14$4.24/sh+10,000$42,400→ 10,000 totalExercise: $4.24Exp: 2013-06-14→ Common Stock (10,000 underlying) - Award
Common Stock
2006-06-14$0.00/sh+10,000$10→ 10,000 total - Award
Non-Qualified Stock Option (right to buy)
2006-06-14$4.24/sh+5,000$21,200→ 5,000 totalExercise: $4.24Exp: 2013-06-14→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]A total of 15,000 stock options were granted on 06/14/2006, of which 10,000 are Incentive Stock options and 5,000 are Non-Qualified Stock Options. The aggregate of these options vest at the rate of 8.33% of the total option shares at the end of each three month period, such that the total option shares will be fully vested on 06/14/2009.
Documents
Issuer
ADAPTEC INC
CIK 0000709804
Entity typeother
Related Parties
1- filerCIK 0001357589
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 3:04 PM ET
- Size
- 9.2 KB