X0303 4 2010-06-15 0 0001111632 AVISTAR COMMUNICATIONS CORP AVSR 0001218983 HEINRICHS R STEPHEN C/O AVISTAR COMMUNICATIONS 1875 SOUTH GRANT STREET, 10TH FLOOR SAN MATEO CA 94402 1 0 1 0 Non-Qualified Stock Option (right to buy) 0.55 2010-06-15 4 A 0 17500 A 2020-06-15 Common Stock 17500 17500 D Non-Qualified Stock Option (right to buy) 0.55 2010-06-15 4 A 0 17500 A 2020-06-15 Common Stock 17500 35000 D Non-Qualified Stock Option (right to buy) 0.55 2010-06-15 4 A 0 16250 A 2020-06-15 Common Stock 16250 51250 D Non-Qualified Stock Option (right to buy) 1.54 2010-06-15 4 D 0 25000 D 2016-01-02 Common Stock 25000 0 D Non-Qualified Stock Option (right to buy) 1.69 2010-06-15 4 D 0 25000 D 2017-01-03 Common Stock 25000 0 D Non-Qualified Stock Option (right to buy) 2.5 2010-06-15 4 D 0 25000 D 2015-07-20 Common Stock 25000 0 D The option vests as to 50% of the shares on the first anniversary of the grant date, and as to 50% of the shares on the second year anniversary of the grant date, subject to continued service through each vesting date; provided, however, that the granted option fully vests and is exercisable as to 100% of the shares upon a change in control. On June 15, 2010, the issuer canceled, pursuant to the issuer's option exchange program, the eligible unexercised options granted to the reporting person. In exchange for these canceled options, the reporting person received new options to purchase the issuer's Common Stock. 25% of the shares subject to the option shall become vested and exercisable one year after the date of grant and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter There is one year cliff on the total combined grant and 25% can be exercised 12 months from the date of grant. The remaining amount vests quarterly in equal installments. By: Elias MurrayMetzger For: R. Stephen Heinrichs 2010-06-17