SIGMA DESIGNS INC 4
4 · SIGMA DESIGNS INC · Filed Jul 11, 2016
Insider Transaction Report
Form 4
Cobar-Estrada Sal
VP of Worldwide Sales
Transactions
- Award
Common Stock
2016-07-07+20,000→ 63,466 total - Award
Employee Stock Option (Right to Buy)
2016-07-07+40,000→ 40,000 totalExercise: $6.48Exp: 2026-07-07→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units ("RSUs") that vest as follows: (1) 25% of the total number of shares on July 7, 2017; and (2) the remaining 75% of the total number of shares in equal quarterly installments (three months) over the 12 fiscal quarters following July 7, 2017.
- [F2]The option vests as follows: (1) 25% of the total number of shares on July 7, 2017; and (2) the remaining 75% of the total number of shares in equal monthly installments over the 36 months following July 7, 2017.