MALONE CLAUDINE B/CA 4
4 · NOVELL INC · Filed Apr 8, 2009
Insider Transaction Report
Form 4
NOVELL INCNOVL
MALONE CLAUDINE B/CA
Director
Transactions
- Award
Common Stock
2009-04-07+22,365→ 22,365 total - Award
Stock Option (right to buy)
2009-04-07+25,146→ 25,146 totalExercise: $3.89Exp: 2017-04-07→ Common Stock (25,146 underlying)
Holdings
- 50,746(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents shares of common stock that may be issued upon the vesting of a like number of restricted stock units granted on April 7, 2009. As restricted stock units vest, the vested units are automatically converted to common stock on a one-for-one basis without payment of additional consideration on the vesting date. The restricted stock units vest in two equal installments on April 7, 2010 and April 7, 2011.
- [F2]The option vests in two equal installments on April 7, 2010 and April 7, 2011.