BURDITT BENJAMIN A 4
4 · ADEPT TECHNOLOGY INC · Filed Aug 30, 2011
Insider Transaction Report
Form 4
BURDITT BENJAMIN A
Director
Transactions
- Award
1 Non-Qualified Stock Option (right to buy)
2011-08-29$3.78/sh+10,000$37,799→ 10,000 totalExercise: $3.78From: 2011-11-09Exp: 2021-08-29→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Per 3/5/10 adoption by Board of Directors, vesting of the initial option grant to non-employee directors to vest in the amount of 50% of the grant on the first annual meeting of stockholders following the appointment or election of the director and the remaining 50% to vest at the second annual meeting of stockholders of the Company following the appointment or election of the director.