4//SEC Filing
MurrayMetzger Elias Arthur 4
Accession 0001453080-10-000001
CIK 0001111632other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 8:37 PM ET
Size
29.3 KB
Accession
0001453080-10-000001
Insider Transaction Report
Form 4
MurrayMetzger Elias Arthur
Acting Chief Financial Officer
Transactions
- Award
Incentive Stock Option (right to buy)
2010-06-15+128,000→ 128,000 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (128,000 underlying) - Award
Incentive Stock Option (right to buy)
2010-06-15+7,000→ 225,829 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (7,000 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2010-06-15−12,000→ 0 totalExercise: $1.25Exp: 2016-05-23→ Common Stock (12,000 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2010-06-15−20,000→ 0 totalExercise: $1.60Exp: 2017-04-18→ Common Stock (20,000 underlying) - Award
Incentive Stock Option (right to buy)
2010-06-15+38,400→ 166,400 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (38,400 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2010-06-15−48,000→ 0 totalExercise: $1.15Exp: 2019-01-21→ Common Stock (48,000 underlying) - Award
Incentive Stock Option (right to buy)
2010-06-15+8,400→ 218,829 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (8,400 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2010-06-15−160,000→ 0 totalExercise: $0.95Exp: 2019-04-15→ Common Stock (160,000 underlying) - Award
Incentive Stock Option (right to buy)
2010-06-15+30,029→ 196,429 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (30,029 underlying) - Award
Incentive Stock Option (right to buy)
2010-06-15+14,000→ 210,429 totalExercise: $0.55Exp: 2020-06-15→ Common Stock (14,000 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2010-06-15−60,058→ 0 totalExercise: $0.86Exp: 2011-04-16→ Common Stock (60,058 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2010-06-15−10,000→ 0 totalExercise: $1.73Exp: 2016-01-18→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]The option vests as to 34% of the shares on the first anniversary of the grant date, and as to 33% of the shares on each of the next yearly anniversaries of the grant date, so as to fully vested in 3 years, subject to continued service through each vesting date; provided, however, that the granted option fully vests and is exercisable as to 100% of the shares upon a change in control.
- [F2]On June 15, 2010, the issuer canceled, pursuant to the issuer's option exchange program, the eligible unexercised options granted to the reporting person. In exchange for these canceled options, the reporting person received new options to purchase the issuer's Common Stock.
- [F3]The option vests as to 50% of the shares on the first anniversary of the grant date, and as to 50% of the shares on the second year anniversary of the grant date, subject to continued service through each vesting date; provided, however, that the granted option fully vests and is exercisable as to 100% of the shares upon a change in control.
- [F4]33.3% of the shares subject to the option shall become vested and excercisable 6 months after the date of the grant and 4.8% of the shares subject to the option shall vest at the end of each month thereaafter until the completion of the 20 month vesting period.
- [F5]25% of the shares subject to the option shall become vested and exercisable one year after the date of grant and 1/16th of the sares subject to the option shall vest at the end of each three month period thereafter
Documents
Issuer
AVISTAR COMMUNICATIONS CORP
CIK 0001111632
Entity typeother
Related Parties
1- filerCIK 0001453080
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 8:37 PM ET
- Size
- 29.3 KB