Brown Edward M 4
4 · Cardiovascular Systems Inc · Filed Aug 9, 2017
Insider Transaction Report
Form 4
Brown Edward M
Director
Transactions
- Award
Common Stock
2017-08-07+3,384→ 3,384 total - Award
Restricted Stock Units
2017-08-07+4,029→ 4,029 total→ Common Stock (4,029 underlying)
Holdings
- 75,536
Restricted Stock Units
→ Common Stock (75,536 underlying) - 124,037(indirect: By Trust)
Common Stock
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 2018.
- [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 1,008 shares on September 30, 2017 and 1,007 shares on each of December 31, 2017, March 31, 2018 and June 30, 2018.