4//SEC Filing
MurrayMetzger Elias Arthur 4
Accession 0001453080-11-000003
CIK 0001111632other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:38 PM ET
Size
7.1 KB
Accession
0001453080-11-000003
Insider Transaction Report
Form 4
MurrayMetzger Elias Arthur
Acting Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2011-12-08+100,000→ 162,600 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2011-12-08−100,000→ 75,000 total→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Units (RSUs) were granted pursuant to Avistar Communications Corporation 2009 Incentive Equity Plan. Each RSU represents a contingent right to receive one share of Avistar's common stock. The RSUs vest 100% on December 8, 2011, two years after the awards being granted. Change of Control provision triggers 100% vesting. Termination without cause triggers pro rata vesting.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
Documents
Issuer
AVISTAR COMMUNICATIONS CORP
CIK 0001111632
Entity typeother
Related Parties
1- filerCIK 0001453080
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 4:38 PM ET
- Size
- 7.1 KB