LEWIS ROBERT C 4
4 · HUGHES Telematics, Inc. · Filed Jun 7, 2011
Insider Transaction Report
Form 4
LEWIS ROBERT C
General Counsel and Secretary
Transactions
- Award
Option to Purchase
2011-05-12+30,000→ 192,714 totalExercise: $3.90Exp: 2021-05-12→ Common Stock (30,000 underlying)
Holdings
- 43,009
Common Stock
Footnotes (2)
- [F1]The option is exercisable as to 50% of the underlying shares of Common Stock on May 12, 2013 and 25 % of the underlying shares of Common Stock on each of May 12, 2014 and May 12, 2015.
- [F2]Includes 23,470 shares of Common Stock held in escrow and which will be released, in three tranches, upon the trading price of the Common Stock reaching at least $20.00, $24.50 and $30.50 (as may be adjusted or amended in accordance with the escrow agreement) prior to March 31, 2014. Also includes 61,025 shares of common stock issuable upon the exercise of outstanding stock options which are exercisable, in three tranches, upon the trading price of the Common Stock reaching at least $20.00, $24.50 and $30.50 (as may be adjusted or amended in accordance with the option agreement) prior to March 31, 2014.