4//SEC Filing
NOVATION COMPANIES, INC. 4
Accession 0001025953-15-000086
CIK 0001025953operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 3:49 PM ET
Size
5.5 KB
Accession
0001025953-15-000086
Insider Transaction Report
Form 4
BARMORE GREGORY T
Director
Transactions
- Award
Common Stock
2015-08-10+230,770→ 910,904 total
Footnotes (2)
- [F1]On May 14, 2015, the Compensation Committee (the "Committee") of the Board of Directors of Novation Companies, Inc. (the "Company") determined that the annual retainer for each non-employee director serving on the Board and the fees for service as a committee chair or lead independent director shall be paid as restricted stock awarded under the 2015 Incentive Stock Plan in an amount equal to the total of such fees for each such director.
- [F2]The number of restricted stock awards was calculated based on the total annual cash compensation for each non-employee director and the closing price of the Company's common stock on the transaction date, as quoted by the OTC Markets' Group inter-dealer quotation service as an OTCQB security. The restricted stock awards shall vest on August 10, 2016.
Documents
Issuer
NOVATION COMPANIES, INC.
CIK 0001025953
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001025953
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 3:49 PM ET
- Size
- 5.5 KB