Mountford Paul S 4
4 · PALM INC · Filed Oct 2, 2009
Insider Transaction Report
Form 4
PALM INCPALM
Mountford Paul S
Director
Transactions
- Award
Common Stock
2009-09-30$0.00/sh+8,000$8→ 8,000 total - Award
Non-Qualified Stock Option (right to buy)
2009-09-30+28,000→ 28,000 totalExercise: $17.46Exp: 2016-09-30→ Common Stock (28,000 underlying)
Footnotes (2)
- [F1]The grant represents restricted stock units that vest in three equal installments on the date of subsequent annual meetings of Palm's stockholders. Vested shares will be released after the vest date.
- [F2]The stock option becomes exercisable in three equal installments, on the date of subsequent annual meetings of Palm's stockholders.