Chermak Paul 4
4 · SYMMETRICOM INC · Filed Aug 26, 2008
Insider Transaction Report
Form 4
SYMMETRICOM INCSYMM
Chermak Paul
Exec. VP Global Sales & Suppor
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2008-08-25+50,000→ 50,000 totalExercise: $4.78From: 2009-08-25Exp: 2013-08-25→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]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.