JOURNAL REGISTER CO 4
4 · JOURNAL REGISTER CO · Filed Jun 1, 2007
Insider Transaction Report
Form 4
YOCUM EDWARD J
SVP, GC, Secretary
Transactions
- Award
Restricted Stock Units
2007-06-01+8,750→ 13,750 total→ Common Stock (8,750 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock (or, at the election of Journal Register Company, a cash amount equal to the fair market value of such share). The RSUs are accompanied by dividend equivalent rights.
- [F2]The RSUs vest in three equal annual installments beginning on June 1, 2008.
- [F3]The RSUs will expire upon settlement.
- [F4]Includes 5,000 unvested RSUs granted pursuant to the 1997 Stock Incentive Plan, with the number of RSUs that vest dependent upon the achievement of certain pre-established performance goals. Vesting is further conditioned upon the Reporting Person's continued employment through the vesting date. To the extent RSUs do not vest, they are automatically forfeited.