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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) (2) | $ 2.35 | (6) | 02/14/2012 | Common Stock | 11,624 | 11,624 | D | ||||||||
Employee Stock Option (Right to Buy) (3) | $ 2.17 | (6) | 02/09/2013 | Common Stock | 88,301 | 88,301 | D | ||||||||
Employee Stock Option (Right to Buy) (3) | $ 2.85 | (6) | 02/01/2014 | Common Stock | 139,419 | 139,419 | D | ||||||||
Employee Stock Option (Right to Buy) (2) | $ 3.13 | (6) | 02/07/2015 | Common Stock | 250,185 | 250,185 | D | ||||||||
Employee Stock Option (Right to Buy) (4) | $ 3.9 | (7) | 10/26/2013 | Common Stock | 100,000 | 100,000 | D | ||||||||
Employee Stock Option (Right to Buy) (5) | $ 5.33 | (8) | 11/01/2014 | Common Stock | 20,700 | 20,700 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 5.27 | 04/25/2007 | A | 150,000 | (9) | 04/24/2015 | Common Stock | 150,000 | $ 0 | 150,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BENSON JON H 4150 NETWORK CIRCLE SANTA CLARA, CA 95054 |
Senior Vice President, Storage |
/s/ Jon H. Benson | 04/26/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This includes 130,250 shares of unvested restricted stock. |
(2) | This option was granted under the Storage Technology Corporation 1995 Equity Participation Plan, as Amended. |
(3) | This option was granted under the Storage Technology Corporation 2001 Leveraged Equity Acquisition Program (LEAP) under the Amended and Restated 1995 Equity Participation Plan. |
(4) | This option was granted under the 1996 Equity Compensation Acquisition Plan. |
(5) | This option was granted under the Sun Microsystems, Inc. 1990 Long-Term Equity Incentive Plan. |
(6) | Immediately. |
(7) | This option vests and becomes exercisable in five equal annual installments of 20,000 shares beginning on August 31, 2006. |
(8) | This option vests and becomes exercisable in five equal annual installments of 4,140 shares beginning on November 2, 2007. |
(9) | This option vests and becomes exercisable in five equal annual installments of 30,000 shares beginning on April 25, 2008. |