Universal Truckload Services, Inc. 4
4 · Universal Truckload Services, Inc. · Filed Dec 23, 2015
Insider Transaction Report
Form 4
Crittenden David A.
Chief Financial Officer
Transactions
- Award
Common Stock, no par value
2015-12-23$14.93/sh+5,000$74,650→ 14,135 total
Footnotes (2)
- [F1]Represents grants of restricted common stock which vested 25% on December 23, 2015, and an additional 25% will vest on each December 20 in 2016, 2017 and 2018, subject to continued employment with Universal Truckload Services, Inc. Vesting is accelerated upon death, disability, retirement at normal retirement age, termination without cause or upon action by the Compensation Committee accelerating the vesting.
- [F2]The closing price of the Company's common stock on December 23, 2015, which was the fair market value of the shares as of the vesting date was $14.93.