Lindl Jessica 4
4 · SCIENTIFIC LEARNING CORP · Filed Nov 23, 2012
Insider Transaction Report
Form 4
Lindl Jessica
SVP, Marketing & Product Mngmt
Transactions
- Tax Payment
Common Stock
2012-11-20$0.53/sh−458$243→ 39,191 total - Exercise/Conversion
Common Stock
2012-11-20+1,250→ 39,649 total - Exercise/Conversion
Restricted Stock Units
2012-11-20−1,250→ 3,750 total→ Common Stock (1,250 underlying)
Footnotes (3)
- [F1]On November 20, 2012, 1,250 of the reporting person's restricted stock units vested and were settled for an equal number of shares of Scientific Learning Corporation's common stock.
- [F2]The price stated above is the fair market value of the Issuer's common stock on the vesting date, which is used to calculate the number of shares withheld by the Issuer for taxes.
- [F3]Issued under the Issuer's 1999 Equity Incentive Plan. These restricted stock units vest over four years and upon vesting are settled for Common Stock on a one-for-one basis.