CSS INDUSTRIES INC 4
4 · CSS INDUSTRIES INC · Filed Jun 14, 2017
Insider Transaction Report
Form 4
Munyan Christopher J
DirectorPresident & CEO
Transactions
- Award
Restricted Stock Units
2017-06-12+7,450→ 7,450 totalExercise: $0.00From: 2020-06-12Exp: 2021-06-12→ Common Stock ($.10 par value) (7,450 underlying) - Award
Call (Stock) Option
2017-06-12+41,400→ 41,400 totalExercise: $27.56From: 2018-06-12Exp: 2027-06-12→ Common Stock ($.10 par value) (41,400 underlying)
Footnotes (2)
- [F1]Reflects 1st anniversary of the date of grant for options granted pursuant to a Rule 16b-3 plan. Subject to service-based vesting conditions, options are exercisable in installments of 25% of the optioned securities on and after the 1st anniversary of the date of grant and to the extent of an additional 25% of the optioned securities on and after the 2nd, 3rd and 4th anniversaries of the date of grant. To the extent not exercised, installments are cumulative.
- [F2]Subject to service-based vesting conditions, fifty percent (50%) of restricted stock units are automatically converted into shares of Issuer common stock on each of the 3rd and 4th anniversaries of the grant date.