FINISH LINE INC /IN/ 4
4 · FINISH LINE INC /IN/ · Filed Mar 29, 2017
Insider Transaction Report
Form 4
Sutera Albert J.
EVP, CITO
Transactions
- Award
Class A Common Stock
2016-03-28+4,151→ 4,151 total - Award
Performance-Based Restricted Stock
2016-03-28+6,227→ 6,227 totalExp: 2019-03-28→ Class A Common Stock (6,227 underlying) - Award
Dividend Equivalent Rights
2016-06-13+128→ 128 total→ Class A Common Stock (128 underlying) - Award
Performance-Based Restricted Stock
2017-03-27+16,234→ 16,234 totalExp: 2020-03-27→ Class A Common Stock (16,234 underlying) - Award
Class A Common Stock
2017-03-27+16,234→ 20,385 total - Award
Stock Option (Right to Buy)
2016-03-28+42,415→ 42,415 totalExercise: $20.47Exp: 2026-03-28→ Class A Common Stock (42,415 underlying)
Footnotes (7)
- [F1]All the reported shares of restricted stock cliff vest in full on 3/28/2019.
- [F2]All the reported shares of restricted stock cliff vest in full on 3/27/2020.
- [F3]The options vest on the following schedule: 4,241 (10%) on 3/28/2017; 8,483 (20%) on 3/28/2018; 12,725 (30%) on 3/28/2019; and 16,966 (40%) on 3/28/2020.
- [F4]Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the compound annual growth rate of The Finish Line, Inc.'s earnings per share, measured over a performance period including fiscal years 2017, 2018 and 2019. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.
- [F5]The reported dividend equivalent rights accrued on the reporting person's performance-based restricted stock and will become vested proportionately with the performance-based restricted stock to which they relate. Each dividend equivalent right is the economic equivalent of one share of Class A Common Stock.
- [F6]The reported dividend equivalent rights reflect the aggregate accruals for quarterly dividends paid by The Finish Line, Inc. from the initial grant date for the performance-based restricted stock to which the dividend equivalent rights relate up to the date of this ownership report.
- [F7]Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the compound annual growth rate of The Finish Line, Inc.'s earnings per share and to consolidated enterprise sales growth, measured over a performance period including fiscal years 2018, 2019 and 2020. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.