Covisint Corp 4
4 · Covisint Corp · Filed Nov 19, 2014
Insider Transaction Report
Form 4
Covisint CorpCOVS
Hansen Lawrence David
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2014-11-17+40,000→ 40,000 totalExercise: $2.79Exp: 2024-11-17→ Common stock (40,000 underlying) - Award
Restricted Stock Unit
2014-11-17+26,882→ 26,882 totalExp: 2015-08-25→ Common stock (26,882 underlying)
Footnotes (3)
- [F1]Option grant vests over four years from the date of the grant, with 25% becoming exercisable on each anniversary of the date of the grant.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]Units vest on the day immediately preceding the first annual meeting of shareholders following the award date.