LEARNING TREE INTERNATIONAL INC 4
4 · LEARNING TREE INTERNATIONAL INC · Filed Feb 7, 2012
Insider Transaction Report
Form 4
SCHACHT NICHOLAS
DirectorPresident, CEO
Transactions
- Exercise/Conversion
Common Stock
2011-11-02+3,164→ 13,128 total - Tax Payment
Common Stock
2011-11-02−1,112→ 12,016 total - Exercise/Conversion
Common Stock
2011-12-07+3,355→ 15,371 total - Tax Payment
Common Stock
2011-12-07−1,179→ 14,192 total - Exercise/Conversion
Restricted Stock Units
2011-11-02−3,164→ 3,165 total→ Common Stock (3,164 underlying) - Exercise/Conversion
Restricted Stock Units
2011-12-07−3,355→ 6,710 total→ Common Stock (3,355 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RS Unit") represents the right to receive one share of Issuer's common stock on the date of vesting. Reporting Person has no rights as a stockholder of Issuer with respect to RS Units until they vest and a certificate for shares has been issued.
- [F2]The RS Units vest in three equal annual installments pursuant to Issuer's 2007 Equity Incentive Plan.
- [F3]Not applicable.