Cunkelman Brian L. 4
4 · GARDNER DENVER INC · Filed May 3, 2012
Insider Transaction Report
Form 4
Cunkelman Brian L.
VP, GDI & President IPG
Transactions
- Award
Restricted Stock Units
2012-05-01+840→ 840 total→ Common Stock (840 underlying) - Award
Employee Stock Option (Right-to-buy)
2012-05-01+1,900→ 1,900 totalExercise: $64.16Exp: 2019-05-01→ Common Stock (1,900 underlying)
Footnotes (2)
- [F1]The options, granted under the Company's Amended and Restated Long-Term Incentive Plan, are exerciseable in cumulative increments of one-third each on May 1, 2013, 2014 and 2015, respectively.
- [F2]The restricted stock units granted under the Company's Amended and Restated Long-Term Incentive Plan cliff vest on May 1, 2015. Each restricted stock unit represents a right to receive one share of the Company's common stock upon vesting. The restricted stock units generally will be paid out on the earliest to occur of vesting, death, disability or change in control (each as defined in the award), but payment on account of termination of employment may be delayed until 6 months following termination if required for tax purposes.