Pastore Wayne 4
4 · SONUS NETWORKS INC · Filed Jul 16, 2010
Insider Transaction Report
Form 4
Pastore Wayne
VP Finance & Corp. Controller
Transactions
- Award
Common Stock
2010-07-15+125,000→ 149,551 total - Award
Stock Option (Right to Buy)
2010-07-15+250,000→ 250,000 totalExercise: $2.86Exp: 2020-07-15→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]These are restricted shares of Common Stock that vest, subject to continued employment, over a four-year period as follows: 25% will vest on July 15, 2011. The remaining 75% of the shares shall vest in six equal increments semi-annually thereafter.
- [F2]25% of the shares underlying this option vests on July 15, 2011. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months.