Thomas Ward 4
4 · NAVARRE CORP /MN/ · Filed Nov 27, 2012
Insider Transaction Report
Form 4
Thomas Ward
President Bus. Svcs. & Dev.
Transactions
- Award
Stock Option (right to buy)
2012-11-26+105,996→ 105,996 totalExercise: $1.75From: 2013-11-26Exp: 2022-11-25→ Common Stock (105,996 underlying) - Award
Restricted Stock Unit
2012-11-26+29,290→ 29,290 totalExercise: $0.00From: 2013-11-26Exp: 2015-11-26→ Common Stock (29,290 underlying)
Footnotes (2)
- [F1]Employee Nonqualified Stock Option granted pursuant to the Company's Amended and Restated 2004 Stock Plan and representing a right to buy the designated number of shares of Company common stock exercisable in three equal annual installments beginning on the date indicated.
- [F2]Restricted Stock Units granted pursuant to the terms of the Company's Amended and Restated 2004 Stock Plan and vesting in three annual installments of 9,763, 9,763, and 9.764 shares on November 26, 2013, 2014 and 2015, respectively, conditioned upon employment with the Company. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's common stock once vested.