BELL MICROPRODUCTS INC 4
4 · BELL MICROPRODUCTS INC · Filed Feb 1, 2010
Insider Transaction Report
Form 4
MEYER WILLIAM
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2010-01-29+42,500→ 42,500 total - Tax Payment
Common Stock
2010-01-29$4.52/sh−16,658$75,294→ 25,842 total - Exercise/Conversion
Restricted Stock Unit
2010-01-29−42,500→ 45,000 total→ Common Stock (42,500 underlying)
Footnotes (4)
- [F1]The transactions reported on this form represent the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting.
- [F2]The Restricted Stock Units are convertible on a one-for-one basis into Common Stock upon vesting.
- [F3]The Restricted Stock Units vest in three installments: (i) 10,000 of the shares vest on 5/20/09, (ii) 42,500 shares vest on 1/29/10 and (iii) 10,000 shares vest on 5/20/10. Vested shares will be delivered to the Reporting Person following each vest date.
- [F4]No expiration date.