FAIRBAIRN KEVIN 4
4 · INTEVAC INC · Filed Jan 9, 2012
Insider Transaction Report
Form 4
INTEVAC INCIVAC
FAIRBAIRN KEVIN
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-01-05$2.63/sh−3,500$9,205→ 12,454 totalExercise: $2.63From: 2003-01-24Exp: 2012-01-24→ Common Stock (3,500 underlying) - Exercise/Conversion
Common Stock
2012-01-05$2.63/sh+3,500$9,205→ 45,514 total - Sale
Common Stock
2012-01-05$8.00/sh−3,500$28,014→ 42,014 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 22, 2011.
- [F2]These trades occurred within the price range of $7.90 through $8.06. The reported price is the weighted average for trades within this range. The Reporting Person will provide information regarding the number of shares sold at each price upon request by the Commission staff, the Issuer or a security holder of the Issuer.
- [F3]20% of the option shares vest upon the optionee's completion of one year of service measured from the grant date. The balance of the option shares vest in equal monthly installments over the balance of the four year period thereafter.