INTERLINE BRANDS, INC./DE 4
4 · INTERLINE BRANDS, INC./DE · Filed Dec 22, 2004
Insider Transaction Report
Form 4
Bravo Federico M
Vice President, Field Sales
Transactions
- Award
Common Stock
2004-12-21+11,513→ 11,623 total - Award
Option (Right) to buy Common Stock
2004-12-21+155,444→ 155,459 totalExercise: $15.00Exp: 2014-12-16→ Common Stock (155,444 underlying)
Footnotes (3)
- [F1]Subject to a Restricted Stock Award Agreement under the Company's 2004 Equity Incentive Plan, these restricted stock awards were granted on December 16, 2004 conditioned upon the Company's initial public offering. The restricted stock awards will vest in one-third installments over three years contingent upon the executive's continued employment and the Company's attainment of performance targets.
- [F2]Immediately prior to the IPO which closed on December 21, 2004 (the "Closing Date"), the reporting person received options to purchase shares of Common Stock of the Company. The options were granted on December 16, 2004 but were conditioned upon the closing of the IPO. For purposes of Section 16, the acquisition date of the options is the Closing Date. These options are fully vested and exercisable at grant, but the reporting person will generally only be permitted to sell shares acquired upon the exercise of the options in 25% increments over the four-year period following the Closing Date.
- [F3]Immediately.