Armstrong James 4
4 · SYMMETRICOM INC · Filed Nov 4, 2011
Insider Transaction Report
Form 4
SYMMETRICOM INCSYMM
Armstrong James
Exec. VP & Gen. Manager (TSD)
Transactions
- Award
Common Stock
2011-11-02+10,000→ 62,384 total - Award
Non-qualified Stock Option (right to buy)
2011-11-02$5.13/sh+60,000$307,800→ 60,000 totalExercise: $5.13From: 2012-11-02Exp: 2018-11-02→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Awards with 4-year vesting of 25% yearly, measured from the grant date.
- [F2]These non-qualified stock options shall vest and become exercisable as to one fourth (1/4th) of the total number of shares on one year anniversary based on grant date, and as to one forty-eighth (1/48th) of the total number of shares on each monthly anniversary thereafter until all such options are vested and exercisable.