Hutcherson Phillip Randall 4
4 · FORCE PROTECTION INC · Filed Apr 8, 2009
Insider Transaction Report
Form 4
Hutcherson Phillip Randall
Exec VP,Glbl Sales/Bus.Dvlpmt
Transactions
- Award
Common Stock
2009-04-07+32,918→ 45,173 total - Award
Common Stock
2009-04-06+12,255→ 12,255 total - Award
Stock Options (right to buy)
2009-04-07+10,973→ 10,973 totalExercise: $5.81Exp: 2019-04-07→ Common Stock (10,973 underlying)
Footnotes (3)
- [F1]These shares of common stock vest in the following sequence: 25% vested on 4/6/2009, the day of the grant, and 25% vest on each of 6/30/2009, 9/30/2009 and 12/31/2009.
- [F2]These shares of common stock are subject to forfeiture restrictions, whereby the restrictions on 50% of the stock will lapse in three equal installments commencing on April 7, 2010 and ending on April 7, 2012, and the restrictions on the other 50% of the stock will lapse upon the completion of certain performance criteria to be determined on or by April 7, 2010.
- [F3]This stock option vests in three equal annual installments, commencing on April 7, 2010.