PENN VIRGINIA CORP 4
4 · PENN VIRGINIA CORP · Filed Feb 27, 2009
Insider Transaction Report
Form 4
PICI FRANK A
Exec. VP and CFO
Transactions
- Award
Non-qualified stock options (right to buy)
2009-02-25+33,178→ 33,178 totalExercise: $15.06Exp: 2019-02-24→ Common Stock ($0.01 par value) (33,178 underlying) - Award
Restricted Stock Units
2009-02-25+12,271→ 12,271 totalExercise: $0.00→ Common Stock ($0.01 par value) (12,271 underlying)
Footnotes (3)
- [F1]The options become exercisable in three equal annual installments on February 25, 2010, 2011 and 2012, respectively, subject to the terms of the Issuer's Sixth Amended and Restated 1999 Employee Stock Incentive Plan (the "Plan").
- [F2]Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.
- [F3]The restricted stock units will vest in three equal installments on February 25, 2010, 2011 and 2012, respectively, subject to the terms of the Plan. Payment of the restricted stock units will be made within 30 days of vesting.