VP of Cray Inc just picked up 11,000 shares

Charles Daniel Fairchild, VP of Cray Inc, recently acquired 11,000 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on July 01, 2013. Fairchild now owns 48,735 shares of the company. Fairchild operates out of Seattle, WA.

The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:

One-quarter of these shares vest on each of July 1, 2014, July 1, 2015, July 1, 2016 and July 1, 2017, subject to the reporting person's provision of service to the issuer on each vesting date. One-quarter of these shares vest on July 1, 2014 and 1/48th of these shares vest monthly thereafter, with 100% of the total shares vested and exercisable on July 1, 2017, subject to the reporting person's provision of service to the issuer on each vesting date.

To see this filing in its entirety, click here

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Other recent filings from the company include the following:

Additional definitive proxy soliciting materials and Rule 14(a)(12) material - April 23, 2014
Other definitive proxy statements - April 23, 2014

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