Misra Sunil 4
4 · EMTEC INC/NJ · Filed Feb 15, 2013
Insider Transaction Report
Form 4
EMTEC INC/NJETEC.OB
Misra Sunil
Chief Strategy and Delivery
Transactions
- Award
Stock Appreciation Right
2012-08-10+657,542→ 657,542 totalExercise: $1.75Exp: 2016-08-31→ Common Stock (657,542 underlying)
Footnotes (1)
- [F1]10% of the stock appreciation right ("SAR") will become vested on each of August 31, 2012, August 31, 2013, August 31, 2014, August 31, 2015 and August 31, 2016. The remaining 50% of the SAR, as well as any other portion of the SAR that is then unvested, will become vested upon the occurrence of a liquidity event, subject to certain conditions.