AVIAT NETWORKS, INC. 4
4 · AVIAT NETWORKS, INC. · Filed Sep 26, 2016
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2016-09-22+7,386→ 38,212 total - Award
Common Stock
2016-09-22+8,043→ 30,826 total
Footnotes (2)
- [F1]Performance share units, which are subject to vesting. Vesting requires both (a) continuing employment with the Corporation, and (b) achievement of at least the minimum performance and time result for thethree-year period set forth in the Specific Terms and Conditions. Once shares have achieved their performance components, they will vest 3 years from the date of grant. Unvested performance share units are subject to cancellation by the Corporation at $0.01 per share if eligible employment ends or, following the determination of achievement of performance measures.
- [F2]100% of the shares subject to the award shall vest three years from the grant date, contingent upon continued employment.