Schorer Steven T 4
4 · DYNCORP INTERNATIONAL INC. · Filed Aug 18, 2009
Insider Transaction Report
Form 4
Schorer Steven T
President, GPSS Division
Transactions
- Award
Performance Units
2009-07-02+35,000→ 35,000 total→ Class A Common Stock (35,000 underlying)
Holdings
- 35,000
Restricted Stock Units
→ Class A Common Stock (35,000 underlying)
Footnotes (3)
- [F1]Each Performance Unit represents either (i) a contingent right to receive on share of Class A Common Stock or (ii) a cash amount equal to the number of shares received multiplied by the closing price of the stock on the vesting day. The Performance Units vest upon the Issuer's satisfaction of certain performance criteria for the period commencing on April 4, 2009 (the beginning of Issuer's fiscal year 2010) and ending on March 30, 2012 (the end of Issuer's fiscal year 2012).
- [F2]Not applicable.
- [F3]The entire amount of RSUs will vest on 6/26/11 provided the Issuer achieves a specified level of EBITDA for fiscal year 2011. If not so vested, the RSUs will be forfeited. Vested RSUs will be converted into cash or shares of Class A Common Stock, at the Compensation Committee's discretion, at no cost to the Reporting Person.