LAYNE CHRISTENSEN CO 4
4 · LAYNE CHRISTENSEN CO · Filed Apr 5, 2016
Insider Transaction Report
Form 4
ANDERSON J MICHAEL
CFO and Senior Vice President
Transactions
- Award
Restricted Stock Units
2016-04-01+21,591→ 21,591 total→ Common Stock (21,591 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Layne common stock.
- [F2]The restricted stock units vest on the earlier of (i) the reporting person's retirement after the age of 60 and five years or more of employment with the company, or (ii) April 01, 2019, provided the reporting person remains employed by the company until such date.