NovaRay Medical, Inc. 4
4 · NovaRay Medical, Inc. · Filed Feb 17, 2009
Insider Transaction Report
Form 4
FREDERICK WILLIAM W
Chief Financial Officer
Transactions
- Award
Stock Option - Right to Buy
2009-02-12+150,000→ 150,000 totalExercise: $2.67Exp: 2019-02-12→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Option vests over a four (4) year period as follows: 25% will vest on the first anniversary date of grant and the remainder will vest in equal monthly installments thereafter until fully vested.
- [F2]Upon a Change of Control (as defined in the Employee's Executive Employment Agreement), the Vesting Schedule will fully accelerate.