HALE RANDALL B 4
4 · ENGLOBAL CORP · Filed Jun 22, 2009
Insider Transaction Report
Form 4
HALE RANDALL B
Director
Transactions
- Other
Common Stock
2008-08-08−6,420→ 35,000 total - Award
Restricted Stock Units
2008-08-08+6,420→ 6,420 total→ Common Stock (6,420 underlying)
Footnotes (3)
- [F1]On June 19, 2008 the reporting person was awarded 6,420 shares of the issuer's restricted common stock. On August 8, 2008, the issuer rescinded the award of restricted common stock, and replaced the award with a grant of Restricted Stock Units equivalent to 6,420 shares of the issuer's common stock.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]The Restricted Stock Units vest in four quarterly installments, the first vesting date being September 30, 2008, so long as the reporting person continues to serve as an independent director of the issuer.