M&S MOSHAYEDI REVOCABLE TRUST DTD 11-16-95 5
5 · STEC, INC. · Filed Feb 17, 2009
Insider Transaction Report
Form 5
STEC, INC.STEC
MOSHAYEDI MANOUCH
DirectorChief Executive Officer
Transactions
- Gift
Common Stock
2008-12-17−19,500→ 6,615,678 total(indirect: By Trust) - Gift
Common Stock
2008-12-18+18,900→ 38,400 total(indirect: By Children) - Gift
Common Stock
2008-12-18−18,900→ 6,596,778 total(indirect: By Trust) - Gift
Common Stock
2008-12-17+19,500→ 19,500 total(indirect: By Children)
Holdings
- 37,416
Incentive Stock Options (Right to Buy Common Stock)
Exercise: $11.76Exp: 2013-05-06→ Common Stock (37,416 underlying) - 62,584
Non-Qualified Stock Options (Right to Buy Common Stock)
Exercise: $10.69Exp: 2018-05-06→ Common Stock (62,584 underlying) - 1,457,878(indirect: By Trust)
Common Stock
Footnotes (6)
- [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]This option shall vest and become exercisable in four equal annual installments commencing on May 7, 2009.
- [F4]This transaction involved a gift of securities by the reporting person to his children, who share reporting person's household.
- [F5]Includes 579,000 shares previously owned directly which were contributed to the M. and S. Moshayedi Revocable Trust, dated 11/16/95.
- [F6]The reporting person disclaims beneficial ownership of the shares held by his children except to the extent of his pecuniary interest therein.