Thomson Euan 4
4 · ACCURAY INC · Filed Sep 19, 2012
Insider Transaction Report
Form 4
ACCURAY INCARAY
Thomson Euan
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-09-17−10,000→ 272,101 totalExercise: $0.75Exp: 2013-08-27→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2012-09-18$0.75/sh+10,000$7,500→ 301,029 total - Sale
Common Stock
2012-09-17$5.96/sh−10,000$59,554→ 291,029 total - Exercise/Conversion
Common Stock
2012-09-17$0.75/sh+10,000$7,500→ 301,029 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-09-18−10,000→ 262,101 totalExercise: $0.75Exp: 2013-08-27→ Common Stock (10,000 underlying) - Sale
Common Stock
2012-09-18$6.06/sh−10,000$60,552→ 291,029 total
Footnotes (4)
- [F1]A portion of these options are being sold so that a portion of the proceeds may be used to increase the CEO's ownership of Accuray stock in accordance with the adoption of stock ownership guidelines for management by the Board of Directors of Accuray Incorporated in fiscal year 2011.
- [F2]The sale is pursuant to a 10b5-1 plan adopted on Nov 15, 2011. The sale price represents the weighted average sale price. The shares were sold at prices ranging from $5.83 to $6.04 per share. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]The sale is pursuant to a 10b5-1 plan adopted on Nov 15, 2011. The sale price represents the weighted average sale price. The shares were sold at prices ranging from $5.89 to $6.17 per share. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]These options are exercisable as they vest. The shares subject to this stock option become vested and fully exercisable in equal monthly installments, ratably over a period of 48-months.