ENTROPIC COMMUNICATIONS INC 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Aug 19, 2011
Insider Transaction Report
Form 4
BRADFORD WILLIAM R
SVP, Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2011-08-18$2.61/sh+20,000$52,200→ 27,500 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-08-18−20,000→ 213,336 totalExercise: $2.61Exp: 2019-10-06→ Common Stock (20,000 underlying)
Footnotes (1)
- [F1]1/4th of the shares vest one year after the Vesting Commencement Date beginning October 6, 2009. 1/48th of the shares vest monthly thereafter over the next three years. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.