Burness Michael J 4
4 · CHIQUITA BRANDS INTERNATIONAL INC · Filed Aug 4, 2010
Insider Transaction Report
Form 4
Burness Michael J
VP Global Quality&Food Safety
Transactions
- Award
Common Stock
2010-08-03+11,441→ 25,125 total
Holdings
- 343(indirect: By 401(k))
Common Stock
- 665(indirect: by ESPP)
Common Stock
Footnotes (3)
- [F1]Table 1, Item.1: Restricted Stock Award granted pursuant to the Chiquita Stock and Incentive Plan and the Companys Equity-Based Compensation Guidelines. The shares granted under this Award will vest over a four year period with 25% becoming exercisable on August 3 in each of 2011, 2012, 2013 and 2014 provided that the Reporting Person is employed by the Company or any of the Companys subsidiaries on the applicable vesting date.
- [F2]Table 1, Item 5: Represents the number of whole units held in the Chiquita Stock Fund of the Companys Savings and Investment Plan, a 401(k) Plan, based on a plan statement dated as of June 30, 2010.
- [F3]Table 1, Item 5: Represents the number of whole shares held in the Chiquita Employee Stock Purchase Plan, a plan qualified by Section 423 of the Internal Revenue Code, based on the most recent plan statement dated at June 30, 2010.