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INTERLINK ELECTRONICS INC — Director's Dealing 2007
May 19, 2007
34058_dirs_2007-05-18_71768988-7382-4819-8688-71a62f41f098.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTERLINK ELECTRONICS INC (LINK.PK)
CIK: 0000828146
Period of Report: 2007-05-16
Reporting Person: THOBEN E MICHAEL (Director, Chairman, CEO & President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-05-16 | Employee Stock Option (Right to Buy) | $2.25 | A | 31000 | Acquired | 2017-05-16 | Common Stock (31000) | Direct |
| 2007-05-16 | Employee Stock Option (Right to Buy) | $2.25 | A | 60000 | Acquired | 2017-05-16 | Common Stock (60000) | Direct |
Footnotes
F1: Represents the latest-possible date exercisable. 100% of options vest on the earlier of (i) a determination by the Board of Directors that the Company has met certain pre-determined performance objectives or (ii) the ninth anniversary of the grant date.
F2: Represents the latest-possible date exercisable. 100% of options vest on the earlier of (i) a determination by the Board of Directors that the Company has met certain pre-determined performance objectives or (ii) the ninth anniversary of the grant date. Notwithstanding the Company's failure to meet performance objectives discussed above, 50% of options will vest if the Company meets certain distinct strategic objectives.