Cardiovascular Systems Inc 4
4 · Cardiovascular Systems Inc · Filed Aug 12, 2015
Insider Transaction Report
Form 4
Brown Edward M
Director
Transactions
- Award
Common Stock
2015-08-10+2,541→ 2,541 total - Award
Restricted Stock Units
2015-08-10+5,294→ 5,294 total→ Common Stock (5,294 underlying)
Holdings
- 134,800(indirect: By Trust)
Common Stock
- 64,293
Restricted Stock Units
→ Common Stock (64,293 underlying) - 2,045
Restricted Stock Units
From: 2016-08-16Exp: 2016-08-16→ Common Stock (2,045 underlying)
Footnotes (5)
- [F1]Represents shares of common stock received at the election of the reporting person, in lieu of cash payment, as a retainer for service as a director of the Company during fiscal year 2016.
- [F2]Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of each director's board membership.
- [F3]Represents restricted stock units held by reporting person previously reported as separate line items.
- [F4]Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash or shares of Company common stock on the payment date.
- [F5]Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of each director's board membership; provided, however, that the restricted stock units vest in quarterly amounts of 1,324 shares on each of September 30, 2015 and December 31, 2015 and 1,323 shares on each of March 31, 2016 and June 30, 2016.