Stenbeck Stephen 4
4 · Cardiovascular Systems Inc · Filed Nov 15, 2019
Insider Transaction Report
Form 4
Stenbeck Stephen
Director
Transactions
- Award
Common Stock
2019-11-13+999→ 999 total - Award
Restricted Stock Units
2019-11-13+2,161→ 2,161 total→ Common Stock (2,161 underlying)
Footnotes (2)
- [F1]Represents 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 2020.
- [F2]Each restricted stock unit represents the right to receive a payment from the Company equal in value to the market price per share of Company 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 the reporting person's board membership; provided, however, that the restricted stock units vest in amounts of 541 shares on December 31, 2019, 540 shares March 31, 2020 and 1,080 shares on June 30, 2020.