STURGEON ROBERT 4
4 · BELL MICROPRODUCTS INC · Filed Feb 1, 2010
Insider Transaction Report
Form 4
STURGEON ROBERT
V.P., Operations & CIO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2010-01-29−28,500→ 35,000 total→ Common Stock (28,500 underlying) - Tax Payment
Common Stock
2010-01-29$4.52/sh−11,643$52,626→ 16,857 total - Exercise/Conversion
Common Stock
2010-01-29+28,500→ 28,500 total
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 three installments: (i) 7,500 of the shares vest on 5/20/09, (ii) 28,500 shares vest on 1/29/10 and (iii) 7,500 of the shares vest on 5/20/10. Vested shares will be delivered to the Reporting Person following each vest date.
- [F4]No expiration date.