MERSTEN DAVID R 4
4 · ACCELRYS, INC. · Filed Aug 5, 2011
Insider Transaction Report
Form 4
ACCELRYS, INC.ACCL
MERSTEN DAVID R
SVP and General Counsel
Transactions
- Award
Restricted stock units
2011-08-03+23,000→ 23,000 total - Award
Common stock
2011-08-03+3,334→ 3,334 total - Tax Payment
Common stock
2011-08-03−1,223→ 2,111 total - Award
Non-qualified stock options
2011-08-03+57,500→ 57,500 totalExercise: $7.04From: 2012-08-03Exp: 2021-08-03→ Common stock (57,500 underlying)
Footnotes (5)
- [F1]Restricted stock units granted on 8/3/2010 converted to common stock upon vesting on 8/3/2011.
- [F2]Not applicable to this transaction.
- [F3]Shares tendered for payment of minimum tax liability upon vesting of restricted stock units on 8/3/2011.
- [F4]The restricted stock units were granted on 8/3/2011 and vest in equal annual installments over a three year period beginning on the date of grant.
- [F5]The stock options were granted on 8/3/2011. One-quarter of the shares vest upon the first anniversary of the date of grant and 1/48th of the shares vest monthly thereafter so that the option will be fully vested on the fourth anniversary of the date of grant.