Shemwell Nancy Jane 4
4 · SYMMETRICOM INC · Filed Aug 8, 2005
Insider Transaction Report
Form 4
SYMMETRICOM INCSYMM
Shemwell Nancy Jane
Sr. VP Global Sales & Support
Transactions
- Award
Common Stock
2005-08-04+8,000→ 8,000 total - Award
Non-Qualified Stock Option (right to buy)
2005-08-04$9.42/sh+25,000$235,500→ 25,000 totalExercise: $9.42From: 2006-08-04Exp: 2010-08-04→ Common Stock (25,000 underlying) - Award
Common Stock
2005-08-04+10,000→ 18,000 total
Footnotes (3)
- [F1]Restricted stock awards with 3 year vesting of 25% year 1, 25% year 2, and 50% year 3, measured from the grant date.
- [F2]Performance related restricted stock awards , if achieved, will vest 3 days after Symmetricom's Q4 2006 earnings release.
- [F3]The shares become vested and exercisable at the rate of 25% per year for the first two years, measured from the grant date. The remaining 50% of the total shares granted become vested and exercisable on the third year measured from the grant date.