4//SEC Filing
Davis Clint 4
Accession 0001018871-09-000063
CIK 0001018871other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 4:32 PM ET
Size
6.4 KB
Accession
0001018871-09-000063
Insider Transaction Report
Form 4
Davis Clint
Sr VP & General Counsel
Transactions
- Award
Common Stock
2009-08-06+107,758→ 149,230 total
Footnotes (2)
- [F1]On August 6, 2009, Mr. Davis was awarded a restricted stock grant of 107,758 shares of common stock of HealthTronics, Inc. (the "Company") under the Company's 2004 Equity Incentive Plan. The restricted stock award vests as follows: (a) 37,715 shares vest one-fourth on each of the first four anniversaries of the date of grant (9,428 shares on the first year anniversary and 9,429 shares on the second, third and fourth anniversary), provided, that vesting of such shares will be accelerated based on the achievement of the performance targets in (b) below within the first two years after the date of grant (in order starting with the first one-fourth unvested tranche next scheduled to vest) and
- [F2](b) 70,043 shares vest based on (i) the achievement of the following performance targets and (ii) the reporting person not having voluntarily terminated his employment with the Company prior to the second anniversary of the date of grant (shares that have not vested upon the tenth anniversary of the grant date will be forfeited): 20-day average closing price of Company common stock on any trading day after the grant date as a % of the closing price of Company common stock on the grant date percentage of shares that vest 115% 25% 130% 50% 145% 75% 160% 100%
Documents
Issuer
HEALTHTRONICS, INC.
CIK 0001018871
Entity typeother
Related Parties
1- filerCIK 0001348316
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 4:32 PM ET
- Size
- 6.4 KB