Westmoreland Stephen Warren 4
4 · AVISTAR COMMUNICATIONS CORP · Filed Jun 3, 2011
Insider Transaction Report
Form 4
Westmoreland Stephen Warren
Chief Information Officer
Transactions
- Award
Restricted Stock Units (RSUs)
2011-06-01+100,000→ 300,000 total→ Common Stock (100,000 underlying)
Footnotes (1)
- [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 at 50% on June 1, 2012 and then 100% on June 1, 2013. Change of Control provision triggers 100% vesting.