TRIPATH IMAGING INC 4
4 · TRIPATH IMAGING INC · Filed Jun 2, 2006
Insider Transaction Report
Form 4
KING ARTHUR T
Director
Transactions
- Award
Stock Appreciation Right
2006-05-31+30,000→ 30,000 totalExp: 2016-05-31→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]These stock-settled stock appreciation rights vest in four installments, as follows: 50% become exercisable on December 31, 2006 at an exercise price of $7.05 per share, 16.67% become exercisable on May 31, 2007 at an exercise price of $7.05 per share, 16.67% become exercisable on May 31, 2008 at an exercise price of $7.40 per share and 16.66% become exercisable on May 31, 2009 at an exercise price of $7.77 per share.