4//SEC Filing
KOHN BRADLEY D 4
Accession 0000945436-11-000012
CIK 0000945436other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 5:39 PM ET
Size
11.3 KB
Accession
0000945436-11-000012
Insider Transaction Report
Form 4
KOHN BRADLEY D
VP & Gen. Counsel
Transactions
- Tax Payment
Common Stock
2011-01-24$11.52/sh−488$5,622→ 27,992 total - Exercise/Conversion
Common Stock
2011-01-24+1,500→ 28,480 total - Tax Payment
Common Stock
2011-01-23$11.25/sh−406$4,568→ 26,980 total - Exercise/Conversion
Restricted Stock Units
2011-01-24−1,500→ 0 totalExercise: $0.00→ Common Stock (1,500 underlying)
Footnotes (3)
- [F1]Surrender of shares in payment of tax witholding due as a result of the vesting of RSUs in accordance with Rule 16b-3.
- [F2]On January 24, 2007, 6,000 restricted stock units were awarded under the MEMC 2001 Equity Incentive Plan in a transaction exempt under Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of MEMC common stock. Of these 6,000 restricted stock units, up to 3,000 were subject to forfeiture depending on pre-established company earnings targets for 2007. On January 23, 2008, the Committee determined that the earnings targets had been met, and that none of the 3,000 restricted stock units subject to forfeiture would be forfeited. Pursuant to the vesting schedule established on the date of the award, 1,500 units (25%) vested on January 24, 2008, 1,500 units (25%) vested on January 24, 2009, and 1,500 units (25%) vested on January 24, 2010. The remaining 1,500 (25%) restricted stock units vested on January 24, 2011.
- [F3]Price is not applicable to acquisitions resulting from the conversion of restricted stock units.
Documents
Issuer
MEMC ELECTRONIC MATERIALS INC
CIK 0000945436
Entity typeother
Related Parties
1- filerCIK 0001339198
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 5:39 PM ET
- Size
- 11.3 KB