Fisher Truman Joseph III 4
4 · VALENCE TECHNOLOGY INC · Filed Aug 10, 2012
Insider Transaction Report
Form 4
Fisher Truman Joseph III
Director
Transactions
- Award
Non-Employee Director Automatic Stock Option (right to buy)
2012-07-31+100,000→ 100,000 totalExercise: $0.02Exp: 2022-07-31→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The shares subject to this option vest in 12 quarterly installments, subject to the reporting person's continued service as a non-employee director through each applicable vesting date. 8,333 shares subject to this option vest in each of the first 11 quarterly installments, beginning on October 31, 2012. 8,337 shares subject to this option vest in the final quarterly installment on August 1, 2015.