DIVX INC 4
4 · DIVX INC · Filed Aug 25, 2010
Insider Transaction Report
Form 4
DIVX INCDIVX
Milne Matthew W
EVP, Sales & Marketing
Transactions
- Tax Payment
Common Stock
2010-08-23$7.60/sh−519$3,944→ 1,794 total - Exercise/Conversion
Restricted Stock Units
2010-08-23−1,416→ 8,496 total→ Common Stock (1,416 underlying) - Exercise/Conversion
Common Stock
2010-08-23+1,416→ 2,313 total
Footnotes (4)
- [F1]This Form 4 is being filed to report the quarterly vesting of a Restricted Stock Unit award that was granted on February 23, 2010.
- [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 eight equal quarterly installments beginning February 23, 2010. 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.