Lane Renata A 4
4 · PALM INC · Filed Jul 13, 2009
Insider Transaction Report
Form 4
PALM INCPALM
Lane Renata A
SVP Human Resources
Transactions
- Exercise/Conversion
Common Stock
2009-07-09$4.25/sh+37,500$159,413→ 47,204 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2009-07-09−37,500→ 22,500 totalExercise: $4.25Exp: 2013-12-12→ Common Stock (37,500 underlying) - Sale
Common Stock
2009-07-09$15.03/sh−127,500$1,916,032→ 9,704 total - Exercise/Conversion
Common Stock
2009-07-09$6.43/sh+127,500$819,315→ 137,204 total - Exercise/Conversion
Common Stock
2009-07-09$5.58/sh+11,458$63,936→ 21,162 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2009-07-09−127,500→ 72,500 totalExercise: $6.43Exp: 2015-09-02→ Common Stock (127,500 underlying) - Sale
Common Stock
2009-07-09$15.03/sh−37,500$563,539→ 9,704 total - Sale
Common Stock
2009-07-09$15.03/sh−11,458$172,187→ 9,704 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2009-07-09−11,458→ 38,542 totalExercise: $5.58Exp: 2015-07-06→ Common Stock (11,458 underlying)
Footnotes (2)
- [F1]The stock options become exercisable monthly over 48 months.
- [F2]The stock option becomes exercisable 25% on the one-year anniversary of the grant date and then monthly over three years.