Dillon Matthew S. 4
4 · SONUS NETWORKS INC · Filed Oct 19, 2011
Insider Transaction Report
Form 4
Dillon Matthew S.
VP, Global Services
Transactions
- Award
Stock Option (Right to Buy)
2011-10-17+200,000→ 200,000 totalExercise: $2.28Exp: 2021-10-17→ Common Stock (200,000 underlying) - Award
Common Stock
2011-10-17+100,000→ 124,537 total
Footnotes (2)
- [F1]The vesting of the 100,000 share grant is generally subject to the achievement of certain performance metrics and the continued employment of the Reporting Person.
- [F2]25% of the shares underlying this option vests on October 17, 2012. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months through October 17, 2015.