DIVX INC 4
4 · DIVX INC · Filed Mar 16, 2010
Insider Transaction Report
Form 4
DIVX INCDIVX
HALVORSON DAN L
Executive VP & CFO
Transactions
- Exercise/Conversion
Common Stock
2010-03-15+6,250→ 75,011 total - Exercise/Conversion
Restricted Stock Units
2010-03-15−6,250→ 50,000 total→ Common Stock (6,250 underlying) - Tax Payment
Common Stock
2010-03-15$7.60/sh−2,292$17,419→ 72,719 total
Footnotes (4)
- [F1]This Form 4 is being filed to report the quarterly vesting of a Restriced Stock Unit award that was granted and reported on March 14, 2008.
- [F2]Each restricted stock unit represents a contingent right to receive one share of DIVX common stock.
- [F3]Represents shares withheld to satisfy income tax obligations asssociated with the release of common stock (per a vested restricted stock unit award) to the Reporting Person on the transaction date listed in this Form 4.
- [F4]The restricted stock units vest in equal quarterly installments beginning March 14, 2008. Vested shares will be delivered to the reporting person on each vest date or, if the vest date is not a business day, the next following business day thereafter.