CAMPBELL GORDON 4
4 · PALM INC · Filed Oct 2, 2009
Insider Transaction Report
Form 4
PALM INCPALM
CAMPBELL GORDON
Director
Transactions
- Award
Common Stock
2009-09-30$0.00/sh+4,000$4→ 4,000 total - Award
Non-Qualified Stock Option (right to buy)
2009-09-30+21,000→ 21,000 totalExercise: $17.46Exp: 2019-09-30→ Common Stock (21,000 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. The reporting person has been awarded 23,371 shares underlying restricted stock units, on an as-adjusted basis, of which following the reported transaction, the reporting person beneficially owns 13,898 shares of issued common stock and 9,473 shares remain unvested and unissued.
- [F2]The stock option becomes exercisable in three equal installments, on the date of subsequent annual meetings of Palm's stockholders.