Poole Russell C. 4
4 · NOVELL INC · Filed Dec 9, 2009
Insider Transaction Report
Form 4
NOVELL INCNOVL
Poole Russell C.
Sr. VP, Human Resources
Transactions
- Award
Common Stock
2009-12-08+43,859→ 66,271 total - Award
Stock Option (right to buy)
2009-12-08+112,179→ 112,179 totalExercise: $3.99Exp: 2017-12-08→ Common Stock (112,179 underlying)
Footnotes (2)
- [F1]Represents shares of common stock that may be issued upon the vesting of a like number of restricted stock units granted December 8, 2009. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis without payment of additional consideration on the vesting date. The units vest in four equal installments on December 8, 2010, December 8, 2011, December 8, 2012 and December 8, 2013.
- [F2]Of these securities, 25% vest on December 8, 2010, and 2.0833% vest monthly thereafter so that the options are fully vested on December 8, 2013.