Walder Robert Alan 4
4 · TearLab Corp · Filed Sep 18, 2012
Insider Transaction Report
Form 4
TearLab CorpTEAR
Walder Robert Alan
Vice President, Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-09-17−40,000→ 0 totalExp: 2012-09-17→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2012-09-17+40,000→ 41,444 total - Award
Restricted Stock Units
2012-09-16+40,000→ 40,000 totalExp: 2012-09-17→ Common Stock (40,000 underlying) - Tax Payment
Common Stock
2012-09-17$3.72/sh−15,499$57,656→ 25,945 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents the contingent right receive one share of the Issuer's Common Stock.
- [F2]One hundred percent (100%) of the RSUs subject to the award shall be vested upon the date of grant. The underlying shares will be settled upon the first to occur of: 1) termination of the Reporting Person's service to the Issuer; 2) a Change in Control (as defined in the Issuer's 2002 Stock Incentive Plan, as amended); 3) the death or disability of the Reporting Person; or 4) September 17, 2012.