CSS INDUSTRIES INC 4
4 · CSS INDUSTRIES INC · Filed Jun 14, 2017
Insider Transaction Report
Form 4
Edwards Carey
Other
Transactions
- Award
Restricted Stock Units
2017-06-12+2,900→ 2,900 totalExercise: $0.00From: 2020-06-12Exp: 2021-06-12→ Common Stock ($.10 par value) (2,900 underlying) - Award
Call (Stock) Option
2017-06-12+17,500→ 17,500 totalExercise: $27.56From: 2018-06-12Exp: 2027-06-12→ Common Stock ($.10 par value) (17,500 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.