HAMILTON JUDITH H 4
4 · NOVELL INC · Filed Jun 9, 2010
Insider Transaction Report
Form 4
NOVELL INCNOVL
HAMILTON JUDITH H
Director
Transactions
- Award
Common Stock
2010-06-07+14,770→ 37,135 total - Award
Stock Option (right to buy)
2010-06-07+18,614→ 18,614 totalExercise: $5.89Exp: 2018-06-07→ Common Stock (18,614 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 on June 7, 2010. 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 vests 100% on the earlier to occur of (i) the first anniversary of the Grant Date, or (ii) the business day immediately prior to the date of the next annual meeting of stockholders following the Grant Date.
- [F2]The option vests 100% on the earlier to occur (i) the first anniversary of the Grant Date, or (ii) the business day immediately prior to the date of the next annual meeting of stockholders following the Grant Date.