TUMBLEWEED COMMUNICATIONS CORP 4
4 · TUMBLEWEED COMMUNICATIONS CORP · Filed Jan 4, 2008
Insider Transaction Report
Form 4
Rodriguez Jorge E
Senior VP, Product Development
Transactions
- Award
Stock Option (Right to Buy)
2007-12-17$1.62/sh+300,000$486,000→ 300,000 totalExercise: $1.62Exp: 2017-12-17→ Common Stock (300,000 underlying) - Award
Common Stock
2007-12-17$0.00/sh+33,000$33→ 33,000 total
Footnotes (2)
- [F1]Restricted Stock Grant, pursuant to the 1999 Omnibus Stock Plan, one third (1/3rd) of the shares shall vest on December 18, 2008, 1/3rd will vest on December 18, 2009 and 1/3rd will vest on December 18, 2010.
- [F2]One fourth (1/4th) of the shares subject to the option shall vest on the first anniversary date of the vesting commencement date of December 17, 2008, and thereafter one forty-eighth (1/48th) of the shares subject to the option each month, so that the entire option will have vested in full after four (4) years.