SOLOMON MICHAEL B 4
4 · Geeknet, Inc · Filed May 11, 2011
Insider Transaction Report
Form 4
Geeknet, IncGKNT
SOLOMON MICHAEL B
10% OwnerOther
Transactions
- Exercise/Conversion
Restricted Stock Unit
2011-05-09−536→ 0 total→ Common Stock (536 underlying) - Exercise/Conversion
Common Stock
2011-05-09+1,924→ 21,924 total - Exercise/Conversion
Restricted Stock Unit
2011-05-09−1,388→ 0 total→ Common Stock (1,388 underlying)
Footnotes (5)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock. Restricted Stock Units were granted pursuant to Issuer's 2007 Equity Incentive Plan and became 100% vested on May 9, 2011. Pursuant to the policies of Marlin Sams Fund, L.P. (the "Fund"), the shares of Issuer's common stock received by the reporting person are held for the benefit of the Fund.
- [F2]Reflects a one-for-ten reverse stock split effected since the reporting person's prior report.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.
- [F4]On January 3, 2011, the reporting person was granted 536 restricted stock units. 100% of the shares subject to the restricted stock units vested on May 9, 2011.
- [F5]On March 31, 2011, the reporting person was granted 1,388 restricted stock units. 100% of the shares subject to the restricted stock units vested on May 9, 2011.