FEI CO 4
4 · FEI CO · Filed Feb 7, 2014
Insider Transaction Report
Form 4
FEI COFEIC
Loh Benjamin GekLim
Exec VP, WW Sales and Service
Transactions
- Exercise/Conversion
Common Stock
2014-02-05$90.76/sh+733$66,527→ 14,582 total - Tax Payment
Common Stock
2014-02-05$90.76/sh−304$27,591→ 14,278 total - Exercise/Conversion
Performance-based RSUs
2014-02-05$90.76/sh+733$66,527→ 2,933 totalExercise: $0.00From: 2014-02-11→ Common Stock (733 underlying)
Footnotes (5)
- [F1]Shares acquired on the vesting of the Performance-based RSUs.
- [F2]Shares withheld for payment of tax liability.
- [F3]Each Performance-based RSU represents the right to receive, following vesting, one share of the Company's common stock. These RSUs are performance-based RSUs that were to vest only if the Company achieved a 10-day improvement in cash cycle time in 2013 ("Performance Target"), and were to have been forfeited if the Company did not achieve the Performance Target. The Company exceeded the Performance Target. As a result, one-third of these RSUs vested on February 5, 2014 (the date of the Company's public announcement of its financial results for 2013), one-third will vest on February 5, 2015, and the remaining one-third will vest on February 5, 2016.
- [F4]This date represented the estimated initial vesting date of these RSUs if the Performance Targets were met. The actual initial vesting date was February 5, 2014, the date of the public release of the Company's 2013 financial results.
- [F5]These RSUs do not expire and are subject to the vesting schedule as previously described.