Russell Channing Heard 4
4 · Phase Forward Inc · Filed Jun 10, 2009
Insider Transaction Report
Form 4
Russell Channing Heard
Vice President
Transactions
- Tax Payment
Common Stock
2009-06-08$14.67/sh−953$13,981→ 35,672 total
Footnotes (2)
- [F1]Represents shares withheld by the Issuer for tax withholding purposes under a restricted stock award of 12,000 shares acquired on June 6, 2006 pursuant to the Phase Forward Incorporated 2004 Stock Option and Incentive Plan.
- [F2]This number reflects the number of securities beneficially owned after taking into account all of the reported transactions and includes shares that were acquired pursuant to a restricted stock unit award under the Phase Forward Incorporated 2004 Stock Option and Incentive Plan. The reporting person acquired 1,341 of these shares through the issuer's employee stock purchase program on May 31, 2009.