Cardiovascular Systems Inc 4
4 · Cardiovascular Systems Inc · Filed Aug 10, 2016
Insider Transaction Report
Form 4
Bartos Scott A
Director
Transactions
- Award
Common Stock
2016-08-08+2,855→ 4,972 total - Award
Restricted Stock Units
2016-08-08+5,949→ 5,949 total→ Common Stock (5,949 underlying)
Holdings
- 19,515
Restricted Stock Units
→ Common Stock (19,515 underlying)
Footnotes (4)
- [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 2017.
- [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 the aggregate number of restricted stock units (all previously reported) held by reporting person that are payable in cash or shares of Company common stock beginning six months following the termination of each director's board membership.
- [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 beginning six months following the termination of each director's board membership; provided, however, that the restricted stock units vest in quarterly amounts of 1,488 shares on September 30, 2016 and 1,487 shares on each of December 31, 2016, March 31, 2017 and June 30, 2017.