Silicon Graphics International Corp 4
4 · Silicon Graphics International Corp · Filed Aug 17, 2016
Insider Transaction Report
Form 4
Asrat Mekonnen P.
VP, Corporate Controller & PAO
Transactions
- Tax Payment
Common Stock
2016-08-15$7.71/sh−757$5,836→ 21,114 total - Exercise/Conversion
Restricted Stock Units
2016-08-15−1,876→ 109,875 totalFrom: 2016-08-15→ Common Stock (1,876 underlying) - Exercise/Conversion
Common Stock
2016-08-15+1,876→ 21,871 total
Footnotes (4)
- [F1]Upon vesting, each restricted stock unit was converted into an equivalent number of shares of the Company's common stock.
- [F2]These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock units. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F4]Restricted Stock Units have no expiration date.