Rojek Jeffrey M. 4
4 · GLG Partners, Inc. · Filed Mar 16, 2009
Insider Transaction Report
Form 4
Rojek Jeffrey M.
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2009-03-13$2.60/sh−4,235$11,011→ 5,433 total
Holdings
- 1,200
Common Stock
- 29,002
Restricted Stock
Footnotes (2)
- [F1]On March 13, 2009, 9,668 shares of restricted stock vested pursuant to the terms of the restricted stock award made to Mr. Rojek by GLG Partners, Inc. ("GLG") under GLG's 2007 Long-Term Incentive Plan. Of the 9,668 shares, 4,235 shares were withheld by GLG to cover Mr. Rojek's tax withholding obligations with respect to the vested shares.
- [F2]The shares of restricted stock vest in four equal installments annually, subject to GLG having achieved certain minimum levels of net assets under management (AUM) as of February 28, 2009, 2010, 2011 and 2012. The shares vest on the date the Compensation Committee of the Board of Directors of GLG determines that the target levels of net AUM have been achieved as of February 28, 2009, 2010, 2011 and 2012. On March 13, 2009, the first installment of 9,668 shares vested with respect to 2008.