Covisint Corp 4
4 · Covisint Corp · Filed Jul 2, 2014
Insider Transaction Report
Form 4
Covisint CorpCOVS
Inman, III Samuel M.
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Unit
2014-07-01+182,193→ 182,193 totalFrom: 2015-07-01→ Common stock (182,193 underlying) - Award
Non-Qualified Stock Option (right to buy)
2014-07-01+750,000→ 750,000 totalExercise: $4.86From: 2015-07-01Exp: 2024-07-01→ Common stock (750,000 underlying)
Footnotes (3)
- [F1]Option grant vests over three years from the date of the grant, with one-third becoming exercisable on each anniversary of the date of the grant or upon death, disability, termination without cause or change of control.
- [F2]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F3]The restricted stock units grant vests over three years from the date of the grant, with one-third becoming exercisable on each anniversary of the date of the grant, or upon death, disability, termination without cause or change of control.