4//SEC Filing
PUNAL FRANCISCO V 4
Accession 0000950138-10-000099
CIK 0000821536other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:00 PM ET
Size
8.6 KB
Accession
0000950138-10-000099
Insider Transaction Report
Form 4
HEARUSA INCEAR
PUNAL FRANCISCO V
Chief Financial Officer
Transactions
- Award
Stock Options
2010-02-09+60,000→ 60,000 totalExercise: $1.35Exp: 2020-02-09→ Common Stock (60,000 underlying) - Award
Restricted Stock Units
2010-02-09+42,750→ 42,750 total→ Common Stock (42,750 underlying)
Footnotes (4)
- [F1]The option to purchase 60,000 shares of common stock was awarded of 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 42,750 restricted stock units are subject to forfeiture depending upon achievement in 2010 of performance criteria estalished by the Compensation Committee.
Documents
Issuer
HEARUSA INC
CIK 0000821536
Entity typeother
Related Parties
1- filerCIK 0001134507
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 5:00 PM ET
- Size
- 8.6 KB