MISSION WEST PROPERTIES INC 4
4 · MISSION WEST PROPERTIES INC · Filed Jan 3, 2008
Insider Transaction Report
Form 4
Marino Raymond Victor II
DirectorPresident & COO
Transactions
- Award
Employee Stock Options (Right to Buy)
2008-01-02+500,000→ 0 totalExercise: $9.51Exp: 2013-12-31→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Options to purchase 6,250 shares of common stock vest monthly from 1/2/08 to 1/1/12 for a total of 300,000 shares of common stock. Options to purchase 8,333.33 shares of common stock vest monthly from 1/2/08 to 1/1/10 for a total of 200,000 shares of common stock. The 200,000 shares will vest based on a performance measurement. If 50% of goal is attained 30,000 shares vest; if 75% of goal is attained 65,000 shares vest; and if 90% or more is attained 100,000 shares vest per year.