VISION SCIENCES INC /DE/ 4
4 · VISION SCIENCES INC /DE/ · Filed Nov 27, 2013
Insider Transaction Report
Form 4
Zauberman Howard I.
Interim CEO
Transactions
- Award
Common Stock par value $0.01 per share
2013-11-26+1,200,000→ 1,200,000 total
Footnotes (1)
- [F1]Not applicable to restricted stock shares. The restrictions for this restricted stock award lapse as follows: up to 300,000 restricted shares each year, upon Mr. Zauberman's achievement of predetermined Company milestones and individual performance objectives ("Milestones") based on a plan developed by Mr. Zauberman and approved by the Board of Directors within 90 days of November 26, 2013. Those restricted shares which have been earned for achieving Milestones will become fully unrestricted in four equal annual installments after meeting the Milestones assuming continued employment through the applicable lapsing date.