Franzi Michael Joseph 4
4 · SRS LABS INC · Filed Aug 18, 2005
Insider Transaction Report
Form 4
SRS LABS INCSRSL
Franzi Michael Joseph
VP Sales
Transactions
- Award
Employee Stock Option
2005-08-16$5.74/sh+100,000$574,000→ 100,000 totalExercise: $5.74From: 2006-08-16Exp: 2016-08-16→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Nonqualified stock option grant under the SRS Labs, Inc. Amended and Restated 1996 Long-Term Incentive Plan. The option shall vest as follows: 1/4th to vest one year after the date of grant and 1/16th every three months during the next three successive years thereafter measured from August 16, 2006.