4//SEC Filing
ERCANBRACK RON L 4
Accession 0001090094-06-000014
CIK 0000706015other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 7:51 PM ET
Size
9.0 KB
Accession
0001090094-06-000014
Insider Transaction Report
Form 4
FILENET CORPFILE
ERCANBRACK RON L
President
Transactions
- Award
Restricted Stock Units
2006-06-15+55,000→ 55,000 total→ Common Stock (55,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a right to receive one (1) share of Issuer's Common Stock.
- [F2]The RSUs vest based upon achievement by the Issuer of pre-established financial performance criteria as certified by the Compensation Committee. Vesting is conditioned upon the Reporting Person's continued employment through the last day of the performance period. A maximum of 55,000 RSUs may vest in fiscal 2007. To the extent the RSUs do not vest they are automatically forfeited. The underlying securities are issuable upon or following vesting or if elected by the Reporting Person upon the Reporting Persons termination of service with the Issuer.
- [F3]The RSUs vest based upon achievement by the Issuer of pre-established financial performance criteria as certified by the Compensation Committee. Vesting is conditioned upon the Reporting Person's continued employment through the last day of the performance period. A maximum of 55,000 RSUs may vest in fiscal 2008. To the extent the RSUs do not vest they are automatically forfeited. The underlying securities are issuable upon or following vesting or if elected by the Reporting Person upon the Reporting Persons termination of service with the Issuer
Documents
Issuer
FILENET CORP
CIK 0000706015
Entity typeother
Related Parties
1- filerCIK 0001169928
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 7:51 PM ET
- Size
- 9.0 KB