4//SEC Filing
Yonke Bob 4
Accession 0001018871-09-000112
CIK 0001018871other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 6:00 PM ET
Size
8.2 KB
Accession
0001018871-09-000112
Insider Transaction Report
Form 4
Yonke Bob
President of Urology Services
Transactions
- Award
Common Stock
2009-06-16+235,631→ 1,085,234 total - Disposition to Issuer
Common Stock
2009-06-16−235,631→ 849,603 total
Footnotes (2)
- [F1]On June 16, 2009, in connection with the termination of Mr. Yonke's employment relationship and the entering into of a consulting arrangement with Mr. Yonke, HealthTronics, Inc. (the "Company") agreed to amend Mr. Yonke's restricted stock award to (1) provide that Mr. Yonke will continue to vest in his restricted stock awards until July 16, 2010 (the expiration date of the consulting arrangement) and (2) eliminate the vesting requirement that Mr. Yonke not have voluntarily terminated his employment with the Company prior to the second anniversary of the date of grant. This amendment results in a deemed cancellation of the "original" restricted stock award and the grant of a replacement restricted stock award. Accordingly, Mr. Yonke's restricted stock award vests as follows:
- [F2]a) 82,470 shares vest one-fourth on each of the first four anniversaries of the date of grant (20,617 shares on the first two anniversaries and 20,618 on each of the third and fourth anniversaries), 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 (b) 153,161 shares vest based on the achievement of the following performance targets (shares that have not vested by July 16, 2010 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 vests 115% 25% 130% 50% 145% 75% 160% 100%
Documents
Issuer
HEALTHTRONICS, INC.
CIK 0001018871
Entity typeother
Related Parties
1- filerCIK 0001439744
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 6:00 PM ET
- Size
- 8.2 KB