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4//SEC Filing

HANSBROUGH STEPHEN J 4

Accession 0000950138-10-000098

CIK 0000821536other

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 4:58 PM ET

Size

8.6 KB

Accession

0000950138-10-000098

Insider Transaction Report

Form 4
Period: 2010-02-09
HANSBROUGH STEPHEN J
DirectorChief Executive Officer
Transactions
  • Award

    Stock Options

    2010-02-09+180,000180,000 total
    Exercise: $1.35Exp: 2020-02-09Common Stock (180,000 underlying)
  • Award

    Restricted Stock Units

    2010-02-09+94,50094,500 total
    Common Stock (94,500 underlying)
Footnotes (4)
  • [F1]The option to purchase 180,000 shares of common stock was awarded on February 9, 2010 pursuant to the Company's stockholder approved 2007 plan in a transaction exempt under Rule 16b-3 and becomes exercisable ratably over four years starting on February 9, 2011.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of HearUSA, Inc. common stock.
  • [F3]The restricted stock units were awarded on February 9, 2010 under the HearUSA, Inc. Amended and Restated 2007 Incentive Compensation Plan in a transaction exempt under Rule 16b-3 and vest in three equal annual installments once performance criteria are met (i.e., February 2011, February 2012 and February 2013).
  • [F4]The 94,500 restricted stock units are subject to forfeiture depending upon achievement in 2010 of performance criteria estalished by the Compensation Committee.

Issuer

HEARUSA INC

CIK 0000821536

Entity typeother

Related Parties

1
  • filerCIK 0001177643

Filing Metadata

Form type
4
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 4:58 PM ET
Size
8.6 KB