ARONSON MARC 4
4 · TeleNav, Inc. · Filed Nov 3, 2011
Insider Transaction Report
Form 4
TeleNav, Inc.TNAV
ARONSON MARC
VP Research and Development
Transactions
- Award
Common Stock
2011-11-01+15,000→ 15,000 total - Award
Non-Qualified Stock Option (right to buy)
2011-11-01$8.33/sh+100,000$833,000→ 100,000 totalExercise: $8.33From: 2012-09-09Exp: 2021-11-01→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]These restricted stock units were granted on November 1, 2011 and vest 100% on September 9, 2012. The restricted stock units may only be settled in shares of common stock of TeleNav, Inc., subject to the optionee's continued status as a service provider.
- [F2]This stock option was granted on November 1, 2011 and vests over four years. 1/4th of the shares subject to the option vested and becomes exercisable on September 9, 2012 and 1/48 of the shares subject to the option shall become vested at the end of each monthly period thereafter, subject to optionee's continued status as a service provider on such vest date.