BELL MICROPRODUCTS INC 4
4 · BELL MICROPRODUCTS INC · Filed Mar 2, 2010
Insider Transaction Report
Form 4
WATT GRAEME
Pres., Worldwide Dist.
Transactions
- Exercise/Conversion
Restricted Stock Unit
2010-02-26−37,500→ 40,000 total→ Common Stock (37,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2010-02-26−20,000→ 77,500 total→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2010-03-01+20,000→ 152,500 total - Exercise/Conversion
Restricted Stock Unit
2010-03-01−20,000→ 20,000 total→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2010-02-26+20,000→ 75,000 total - Exercise/Conversion
Common Stock
2010-02-26+20,000→ 95,000 total - Exercise/Conversion
Common Stock
2010-02-26+37,500→ 132,500 total - Exercise/Conversion
Restricted Stock Unit
2010-02-26−20,000→ 97,500 total→ Common Stock (20,000 underlying)
Footnotes (5)
- [F1]The Restricted Stock Units are convertible on a one-for-one basis into Common Stock upon vesting.
- [F2]On 5/20/08, the Compensation Committee approved an amendment to the Restricted Stock Units granted on 1/21/08 to alter the vesting terms to 50% on 3/1/09 and 50% on 3/1/10, however, the Reporting Person elected to extend the vesting of the shares scheduled to vest on 3/1/09 to 02/26/10. Vested shares will be delivered to the Reporting Person following each vest date.
- [F3]No expiration date.
- [F4]The Restricted Stock Units which had an original vest schedule of three increments: (i) 20,000 of the shares vest on 5/20/09, (ii) 42,500 shares vest on 1/29/10 and (iii) 20,000 of the shares vest on 5/20/10. The Reporting Person elected to extend the vesting of the shares schedule to vest on 5/20/09 to 02/26/10. Vested shares will be delivered to the Reporting Person following each vest date.
- [F5]The Restricted Stock Units which had an original vest schedule of four annual increments of 12,500 shares per year beginning on 5/17/2006, however, the Reporting Person elected to extend the vesting of the shares scheduled to vest on 5/17/07, 5/17/08, and 5/17/09 to 2/26/10. Vested shares will be delivered to the Reporting Person following each vest date.