Cowell Elizabeth L 4
4 · WHITNEY HOLDING CORP · Filed Jun 25, 2010
Insider Transaction Report
Form 4
Cowell Elizabeth L
Executive Vice President
Transactions
- Award
Restricted stock units
2010-06-23+8,000→ 8,000 total→ Comm stock (8,000 underlying)
Holdings
- 2,500
Common stock no par value
- 7,500
Restricted stock units
→ Comm stock (7,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Whitney Holding Corporation common stock.
- [F2]The restricted stock units vest (become non-forfeitable) on the third anniversary of the grant date. Vested restricted stock units convert to shares of common stock on the later of (i) within 30 days following the vesting date or (ii) the earliest permissible date such units may convert to shares of common stock as a result of the issuer's receipt of financial assistance under the Department of the Treasury's Troubled Asset Relief Program.