OLSON DAVID E 4
4 · PROXIM CORP · Filed Feb 3, 2005
Insider Transaction Report
Form 4
PROXIM CORPPROX
OLSON DAVID E
SVP, Global Sales & Operations
Transactions
- Award
Class A Common Stock
2005-02-01+62,500→ 62,999 total - Award
Employee Stock Option (right to buy)
2005-02-01+62,500→ 62,500 totalExercise: $2.05Exp: 2015-02-01→ Class A Common Stock (62,500 underlying)
Footnotes (3)
- [F1]Restricted Stock Units issued pursuant to the Proxim Corporation 1999 Stock Incentive Plan. 1/3 of the shares subject to the Restricted Stock Unit award shall vest twelve months after the date of grant and 1/3 of the shares shall vest annually on each anniversary of the date of grant thereafter.
- [F2]The share total includes an additional 106 shares acquired 2/2/04, 143 shares acquired 8/2/04 and 250 shares acquired 1/31/05 pursuant to the Issuer's Employee Stock Purchase Plan.
- [F3]The option vests at the rate of 1/4 of the shares subject to the option on the first anniversary of the date of grant and 1/48 of the shares subject to the option each month thereafter.