Linardakis Connie 4
4 · ZIONS BANCORPORATION /UT/ · Filed Dec 13, 2011
Insider Transaction Report
Form 4
Linardakis Connie
Executive Vice President
Transactions
- Award
Phantom Stock
2011-12-09+462.183→ 8,944.906 totalFrom: 2012-01-15→ Common Stock (462.183 underlying)
Footnotes (3)
- [F1]Each share of phantom stock is the economic equivalent of one share of ZION common stock.
- [F2]These shares are issuable in respect of restricted stock units that represent a portion of the reporting person's salary, net of withholdings and deduction, and that were issued under the Zions Bancorporation 2005 Stock Option and Incentive Plan. For more information, please see the Current Report 8-K filed by Zions Bancorporation on January 26, 2011. Restricted stock units are 100% vested on the date of grant but are subject to transfer restrictions that lapse in two annual installments beginning on January 15, 2012 and that lapse in full on the reporting person's earlier death. These units will settle in cash payments.
- [F3]The Stock Units will be paid in cash in increments of 50% as of January 15, 2012 and 50% as of December 15, 2012.