M&S MOSHAYEDI REVOCABLE TRUST DTD 11-16-95 4

4 · SIMPLETECH INC · Filed Dec 22, 2006

Form 4

Period: 2006-12-21

DirectorChief Executive Officer

Transactions

Sale
Common Stock
2006-12-21$12.03/sh−1,750$21,053→ 6,615,590 total(indirect: By Trust)
Sale
Common Stock
2006-12-21$12.00/sh−76,728$920,736→ 6,620,271 total(indirect: By Trust)
Sale
Common Stock
2006-12-21$12.02/sh−200$2,404→ 6,617,340 total(indirect: By Trust)
Sale
Common Stock
2006-12-21$12.07/sh−500$6,035→ 6,615,090 total(indirect: By Trust)
Sale
Common Stock
2006-12-21$12.01/sh−2,731$32,799→ 6,617,540 total(indirect: By Trust)

Holdings

Non-Qualified Stock Options (Right to Buy Common Stock)
Exercise: $3.84Exp: 2015-02-23→ Common Stock (300,000 underlying)
300,000
Common Stock
(indirect: By Trust)
1,457,878
Incentive Stock Options (Right to Buy Common Stock)
Exercise: $3.39Exp: 2008-05-21→ Common Stock (162,335 underlying)
162,335
Common Stock
25,000
Non-Qualified Stock Options (Right to Buy Common Stock)
Exercise: $3.08Exp: 2013-05-21→ Common Stock (87,665 underlying)
87,665

Footnotes (4)

[F1]These shares are owned directly by the M. and S. Moshayedi Revocable Trust, dated 11/16/95, a ten percent owner of the issuer, and indirectly by Manouch Moshayedi as the trustee of this trust and who may be deemed to be a ten percent owner of the issuer. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
[F2]These shares are owned directly by the M. and S. Moshayedi Investment Trust, dated 11/16/95, and Manouch Moshayedi is an indirect beneficiary of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
[F3]These options are fully vested and immediately exercisable.
[F4]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the M. and S. Moshayedi Revocable Trust, dated 11/16/95, on May 18, 2006, as amended on August 22, 2006.

Documents

1 file