BELL MICROPRODUCTS INC 4
4 · BELL MICROPRODUCTS INC · Filed May 21, 2010
Insider Transaction Report
Form 4
WATT GRAEME
Pres., Worldwide Dist.
Transactions
- Tax Payment
Common Stock
2010-05-20$6.93/sh−8,200$56,826→ 164,300 total - Exercise/Conversion
Restricted Stock Unit
2010-05-20−20,000→ 0 total→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2010-05-20+20,000→ 172,500 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 vested in three increments: (i) 42,500 shares vested on 1/29/10, (ii) 20,000 of the shares vested on 2/26/10 and (iii) 20,000 of the shares vested on 5/20/10. The Reporting Person elected to extend the vesting of the shares scheduled to vest on 5/20/09 to 2/26/10. Vested shares were delivered to the Reporting Person following each vest date.
- [F4]No expiration date.