GRAPHON CORP/DE·4

Apr 23, 2:23 PM ET

BROCHU MICHAEL A 4

4 · GRAPHON CORP/DE · Filed Apr 23, 2012

Insider Transaction Report

Form 4
Period: 2012-04-17
Transactions
  • Award

    Employee Stock Option (right to buy)

    2012-04-17+700,000700,000 total
    Exercise: $0.17From: 2012-04-17Exp: 2022-04-16Common Stock (700,000 underlying)
Footnotes (2)
  • [F1]The option is immediately exercisable, subject to the repurchase of the option shares by the issuer at the exercise price, upon the Reporting Person's termination of service prior to full vesting. The repurchase right lapses and the option vests in 33 equal monthly installments beginning on August 17, 2012.
  • [F2]Not Applicable

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4