RONNING JOEL A 4
4 · DIGITAL RIVER INC /DE · Filed Mar 2, 2012
Insider Transaction Report
Form 4
RONNING JOEL A
DirectorCEO
Transactions
- Award
Common Stock
2012-02-29+214,000→ 1,154,219 total - Disposition to Issuer
Common Stock
2012-02-29−29,347→ 1,124,872 total
Holdings
- 1,726(indirect: By two daughters)
Common Stock
Footnotes (2)
- [F1]The shares are subject to forfeiture and will be forfeited unless certain performance goals are obtained in fiscal year 2012 or adjusted downward in proportion to the goals achieved. If the performance goals are obtained, the shares will vest 25% on the first anniversary of the date of grant and 25% thereafter on the second, third and fourth anniversaries of the date of grant.
- [F2]These shares are held by the reporting person's two daughters, who both share the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his daughters, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.