CHECKPOINT SYSTEMS INC 4
4 · CHECKPOINT SYSTEMS INC · Filed Mar 2, 2016
Insider Transaction Report
Form 4
WRIGLEY S JAMES
Global Pres, Global Cust Mgmt
Transactions
- Award
Performance Rights
2016-02-29+20,000→ 20,000 totalExercise: $0.00→ Common Stock (20,000 underlying) - Tax Payment
Common Stock
2016-02-29$7.24/sh−1,193$8,631→ 1,347 total - Award
Restricted Stock Unit
2016-02-29+20,000→ 20,000 totalExercise: $0.00→ Common Stock (20,000 underlying) - Tax Payment
Common Stock
2016-02-29$7.24/sh−871$6,302→ 983 total
Footnotes (3)
- [F1]Represents the automatic withholding by the issuer to satisfy the reporting persons tax obligation with the vesting of the restricted stock unit.
- [F2]Each restricted stock unit represents the right to receive one share of CKP common stock. The restricted stock unit will vest in three equal installments beginning February 29, 2017.
- [F3]Each performance share represents a contingent right to receive 0 to 1.5 times the number of targeted performance shares in company stock. Performance share award cliff vest on the third anniversary of the date of grant, based on Checkpoint's total shareholder return relative to its peer group.