HAVENS PETER H 4
4 · NOBEL LEARNING COMMUNITIES INC · Filed Nov 6, 2009
Insider Transaction Report
Form 4
HAVENS PETER H
Director
Transactions
- Gift
Common Stock
2009-11-04+2,198→ 27,781 total(indirect: See Footnotes) - Award
Common Stock
2009-11-04+3,401→ 29,979 total(indirect: See Footnotes)
Footnotes (6)
- [F1]these shares will vest on the earlier of (i) the 1 year anniversary of the date of grant and (ii) the day immediately prior to the date of the next annual meeting of the Company's stockholders, provided, however, that no vesting will occur and the shares will be forfeited if the reporting person fails to attend at least 75% of the aggregate number of meetings of the Board of Directors of the Company during the 1 year period following the dte of grant.
- [F2]Mr. Havens disclaimes beneficial ownership of 9,771 of these Securities, and this report shall not be deemed an admission that the Reporting person is the beneficial owner of such Securities for purposes of Section 16 or any other purpose.
- [F3]1,551 shares held by Mary L. Smith Trust TFBO his son, over which the Reporting Person has sole voting and disositive authority and as to which the Reporting person disclaims beneficial ownership.
- [F4]1,970 shares held by Mary L. Smith Trust TFBO his daughter, over which the Reporting Person has sole voting power and dispositive authority and as to which the reporting person disclaims beneficial ownership
- [F5]6,250 shares helb by spouse of the reporting person, over which the Reporting person has sole voting and dispositive authority and as to which the reporting person disclaims beneficial ownership.
- [F6]2,198 shares donated as a noa fide gift to the Louise A. Havens Foundation for Diabetes Research