Burness Michael J 4
4 · CHIQUITA BRANDS INTERNATIONAL INC · Filed Aug 25, 2011
Insider Transaction Report
Form 4
Burness Michael J
VP Global Quality&Food Safety
Transactions
- Award
Common Stock
2011-08-23+17,617→ 39,123 total
Holdings
- 1,764(indirect: by ESPP)
Common Stock
- 343(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Table 1, Item.1: Restricted Stock Award granted effective August 23, 2011 pursuant to the Chiquita Stock and Incentive Plan and the Company's Equity-Based Compensation Guidelines. The shares granted under this Award will vest over a four year period with 25% becoming exercisable on August 23 in each of 2012, 2013, 2014 and 2015 provided that the Reporting Person is employed by the Company or any of the Company's 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 Company's Savings and Investment Plan, a 401(k) Plan, based on a plan statement dated as of June 30, 2011.
- [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 as of June 30, 2011.