KENNARD PAUL 4
4 · AVIAT NETWORKS, INC. · Filed Nov 29, 2012
Insider Transaction Report
Form 4
KENNARD PAUL
SVP, Chief Technology Officer
Transactions
- Award
Common Stock
2012-11-29+23,703→ 176,617 total
Footnotes (1)
- [F1]Performance share units, which are subject to vesting. Vesting requires both (a) continuing employment with the Corporation through the end of the Corporation's fiscal year 2013 (approximately June 29, 2013), and (b) achievement of at least the minimum performance result for the one-year period set forth in the Specific Terms and Conditions. Unvested performance share units are subject to cancelation by the Corporation at $0.01 per share if eligible employment ends or, following the determination of actual Corporation performance versus metrics, to the extent such performance share units do not vest.