Papaefstathiou Efstathios 4
4 · CRAY INC · Filed May 20, 2019
Insider Transaction Report
Form 4
CRAY INCCRAY
Papaefstathiou Efstathios
SVP, R&D
Transactions
- Tax Payment
Common Stock
2019-05-17$36.52/sh−1,961$71,616→ 19,573 total - Tax Payment
Common Stock
2019-05-18$36.52/sh−3,269$119,384→ 25,054 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-18−8,750→ 17,500 total→ Common Stock (8,750 underlying) - Exercise/Conversion
Common Stock
2019-05-18+8,750→ 28,323 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-17−5,250→ 15,750 total→ Common Stock (5,250 underlying) - Exercise/Conversion
Common Stock
2019-05-17+5,250→ 21,534 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's Common Stock.
- [F2]Represents shares of Common Stock that were withheld by the issuer to satisfy applicable withholding taxes in connection with the net settlement of the restricted stock units listed in Table II and does not represent a sale of Common Stock by the reporting person.
- [F3]Represents the per share closing price of the issuer's Common Stock on the applicable vesting date or, if there was no closing price on such date, the closing price on the trading date that was immediately prior to such vesting date.
- [F4]On May 17, 2018, the reporting person was granted 21,000 restricted stock units, with one-quarter of these shares vest on each of May 17, 2019, May 17, 2020, May 17, 2021 and May 17, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F5]On May 18, 2017, the reporting person was granted 35,000 restricted stock units, with one quarter vesting on each of May 18, 2018, May 18, 2019, May 18, 2020 and May 18, 2021, subject to the reporting person's provision of service to the issuer on each vesting date.