4//SEC Filing
NAUMANN KENNETH DALE 4
Accession 0001458616-10-000021
CIK 0001080667other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 12:25 PM ET
Size
7.5 KB
Accession
0001458616-10-000021
Insider Transaction Report
Form 4
NAUMANN KENNETH DALE
VP of Worldwide Sales
Transactions
- Award
Common Stock
2010-12-10+20,000→ 20,000 total - Award
Non-Qualified Stock Option (right to buy)
2010-12-10$1.32/sh+140,000$184,800→ 140,000 totalExercise: $1.32Exp: 2020-12-10→ Common Stock (140,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit (RSU) respesents a contingent right to recieve one share of DITC common stock. 25% of total shares will be vested on 12/15/11 and the remaining balance will be vested in equal installments semi-annually over the next three years.
- [F2]Option is exercisable as it vest. Option will vest 25% after 12 months of continuous service and the balance will vest monthly for the next 36 months of continuous service.
Documents
Issuer
DITECH NETWORKS INC
CIK 0001080667
Entity typeother
Related Parties
1- filerCIK 0001505638
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 12:25 PM ET
- Size
- 7.5 KB