MCKNIGHT WILLIAM E 4
4 · White River Capital Inc · Filed Jun 3, 2009
Insider Transaction Report
Form 4
MCKNIGHT WILLIAM E
DirectorPresident of Subsidiary
Transactions
- Award
Cash Incentive Award
2009-05-18+100,000→ 100,000 totalExercise: $0.00Exp: 2012-01-01→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Mr. McKnight's employment agreement with White River Capital, Inc. and Coastal Credit, LLC executed on May 18, 2009 provides for a long-term cash incentive award based on the value of 100,000 shares of common stock of White River Capital, Inc., vesting 33,333.33 shares annually and payable only in cash on January 1, 2010, 2011, and 2012, respectively.