WASHINGTON MUTUAL, INC 4
4 · WASHINGTON MUTUAL, INC · Filed Sep 12, 2008
Insider Transaction Report
Form 4
FISHMAN ALAN H
DirectorCEO and Director
Transactions
- Award
Common
2008-09-10+612,500→ 612,500 total - Award
Stock Option (Right to Buy)
2008-09-10+5,000,000→ 5,000,000 totalExercise: $2.32Exp: 2015-09-10→ Common (5,000,000 underlying)
Footnotes (2)
- [F1]Grant of restricted stock pursuant to the Amended and Restated 2003 Equity Incentive Plan as part of Reporting Person's initial sign-on equity compensation award. Performance criteria for vesting to be determined within 60 days.
- [F2]Option granted pursuant to the Washington Mutual, Inc. Amended and Restated 2003 Equity Incentive Plan. The stock option grant vests in four equal 25% increments as follows: (i) 25% vests on 9/7/09, (ii) 25% vests if the average NYSE-reported closing price of the Company?s common stock over 20 consecutive trading days equals or exceeds $10.00 per share, (iii) 25% vests if the average NYSE-reported closing price of the Company?s common stock over 20 consecutive trading days equals or exceeds $14.00 per share, and (iv) 25% vests if the average NYSE-reported closing price of the Company?s common stock over 20 consecutive trading days equals or exceeds $18.00 per share.