Silicon Graphics International Corp 4
4 · Silicon Graphics International Corp · Filed Aug 18, 2015
Insider Transaction Report
Form 4
Nikl Robert
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-08-15−3,750→ 124,125 totalFrom: 2015-08-15→ Common Stock (3,750 underlying) - Exercise/Conversion
Common Stock
2015-08-15+3,750→ 40,638 total - Tax Payment
Common Stock
2015-08-15$5.19/sh−1,409$7,313→ 39,229 total
Footnotes (4)
- [F1]Upon vesting, each restricted stock unit was converted into an equivalent number of shares of the Company's common stock.
- [F2]These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F4]Restricted stock units have no expiration date.