Dignen Michael James 4
4 · AVISTAR COMMUNICATIONS CORP · Filed Jul 20, 2012
Insider Transaction Report
Form 4
Dignen Michael James
SVP, National Accounts & Sales
Transactions
- Exercise/Conversion
Common Stock
2012-07-19+200,000→ 270,357 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2012-07-19−200,000→ 87,500 total→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]Restricted Stock Units (RSUs) were granted pursuant to Avistar Communications Corporation 2009 Incentive Equity Plan. Each RSU represents a contingent right to receive one share of Avistar's common stock. The RSUs vest 100% on July 19, 2012, two years after the awards being granted. This transaction represents the settlement of vested restricted stock units in shares of common stock.