SanDisk 2005 Annual Report Download - page 37

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(4) Includes 9,046 shares held in the name of a trust for the benefit of Mr. Cedar and his spouse. Also
includes 235,125 shares subject to outstanding options granted to Mr. Cedar, which were exercisable on
March 10, 2006 or within 60 days after that date.
(5) Includes 293,748 shares subject to outstanding options owned by Mr. Chan, which were exercisable on
March 10, 2006 or within 60 days after that date. Also includes 10 shares owned by Mr. Chan's spouse
and 393 shares subject to outstanding options granted to Mr. Chan's spouse, which were exercisable on
March 10, 2006 or within 60 days after that date. Mr. Chan disclaims beneficial ownership of the
securities held by his spouse.
(6) Includes 38,250 shares subject to immediately exercisable options granted to Mr. Federman, but some
of the shares subject to those options are currently unvested and would, if purchased, be subject to a
repurchase right of the Company that lapses over time.
(7) Includes 25,000 shares subject to immediately exercisable options granted to Mr. Gomo, but some of
the shares subject to those options are currently unvested and would, if purchased, be subject to a
repurchase right of the Company that lapses over time.
(8) Includes 3,018,663 shares held in the name of a trust for the benefit of Dr. Harari and his spouse. Also
includes 2,328,702 shares subject to outstanding options granted to Dr. Harari, which were exercisable
on March 10, 2006, or within 60 days after that date. Also includes 45,332 shares owned directly by his
son and 161,972 shares held in the name of a trust for the benefit of his children.
(9) Includes 25,000 shares subject to immediately exercisable options granted to Mr. Hartenstein, but some
of the shares subject to those options are currently unvested and would, if purchased, be subject to a
repurchase right of the Company that lapses over time.
(10) Includes 303,580 shares held in the name of a trust of which Ms. Lego is co-trustee. Also includes
124,250 shares subject to immediately exercisable options granted to Ms. Lego, but some of the shares
subject to those options are currently unvested and would, if purchased, be subject to a repurchase right
of the Company that lapses over time.
(11) Includes 5,000 shares held in the name of a trust for the benefit of Mr. Marks and his spouse,
15,000 shares held by a limited liability company controlled by Mr. Marks, 6,000 shares held in the
name of a trust for the benefit of his son and 6,000 shares held in the name of a trust for the benefit of
his daughter. Also includes 102,250 shares subject to immediately exercisable options granted to
Mr. Marks, but some of the shares subject to those options would, if exercised, be subject to a
repurchase right of the Company that lapses over time.
(12) Includes 32,558 shares held in the name of a trust for the benefit of Mr. Mehrotra and his spouse. Also
includes 524,808 shares subject to outstanding options granted to Mr. Mehrotra, which were exercisable
on March 10, 2006 or within 60 days after that date.
(13) Comprised of 48,264 shares held as community property in the name of Dr. Meindl and his spouse and
70,250 shares subject to immediately exercisable options granted to Dr. Meindl, but some of the shares
subject to those options are currently unvested and would, if purchased, be subject to a repurchase right
of the Company that lapses over time.
(14) Comprised of 38,250 shares subject to immediately exercisable options granted to Mr. Shugart, but
some of the shares subject to those options are currently unvested and would, if purchased, be subject to
a repurchase right of the Company that lapses over time.
(15) Includes shares subject to options exercisable within 60 days after March 10, 2006, including those
identified in notes (3), (4), (5), (6), (7), (8), (9), (10), (11), (12), (13) and (14).
COMPLIANCE WITH SECTION 16(a) OF THE SECURITIES EXCHANGE ACT OF 1934
Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the Company's Directors,
executive officers, and persons who own more than ten percent (10%) of a registered class of the Company's
equity securities, to file initial reports of ownership and reports of changes in ownership of Common Stock and
other equity securities of the Company with the Securities and Exchange Commission (""SEC''). Officers,
28