INTEVAC INC 4
4 · INTEVAC INC · Filed May 26, 2015
Insider Transaction Report
Form 4
INTEVAC INCIVAC
RUSSAK MICHAEL A
EVP, Business Development
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2015-05-21+16,250→ 16,250 totalExercise: $5.42From: 2016-05-21Exp: 2022-05-21→ Common Stock (16,250 underlying) - Award
Restricted Stock Units
2015-05-21+8,125→ 21,516 totalExercise: $0.00From: 2016-05-15→ Common Stock (8,125 underlying)
Footnotes (3)
- [F1]The option will vest and become exercisable in three equal installments upon the Reporting Person's completion of each year of service over the three-year period measured from the grant date.
- [F2]These are restricted stock units awarded to the Reporting Person and each restricted stock unit represents a contingent right to receive one share of IVAC common stock. The restricted stock units vest in three equal installments upon the Reporting Person's completion of each year of service over the three-year period measured from the vesting commencement date.
- [F3]Vested shares will be delivered to the Reporting Person as soon as possible after each vesting date.