BELL MICROPRODUCTS INC 4
4 · BELL MICROPRODUCTS INC · Filed Mar 2, 2010
Insider Transaction Report
Form 4
MEYER WILLIAM
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2010-02-26+12,500→ 38,342 total - Exercise/Conversion
Common Stock
2010-03-01+12,500→ 60,842 total - Exercise/Conversion
Restricted Stock Unit
2010-02-26−12,500→ 32,500 total→ Common Stock (12,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2010-02-26−10,000→ 22,500 total→ Common Stock (10,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2010-03-01−12,500→ 10,000 total→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2010-02-26+10,000→ 48,342 total
Footnotes (4)
- [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.