Morris Barry A. 4
Accession 0001104659-09-064118
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 7:27 PM ET
Size
30.8 KB
Accession
0001104659-09-064118
Insider Transaction Report
- Award
Class D Units of STR Holdings (New) LLC
2009-11-05+61,835→ 61,835 total - Award
Class E Units of STR Holdings (New) LLC
2009-11-05+61,835→ 61,835 total - Disposition to Issuer
Class B Units of STR Holdings (New) LLC
2009-11-05−144,784→ 0 total - Disposition to Issuer
Class D Units of STR Holdings (New) LLC
2009-11-05−61,835→ 0 total - Disposition to Issuer
Class E Units of STR Holdings (New) LLC
2009-11-05−61,835→ 0 total - Award
Common Stock, par value $0.01 per share
2009-11-06+381,107→ 381,107 total - Award
Stock Option (right to buy)
2009-11-06+326,582→ 326,582 totalExercise: $10.00Exp: 2019-11-06→ Common Stock (326,582 underlying) - Disposition to Issuer
Common Stock of Specialized Technology Resources, Inc.
2009-11-05−0.01→ 0 total - Award
Class B Units of STR Holdings (New) LLC
2009-11-05+144,784→ 144,784 total - Sale
Common Stock, par value $0.01 per share
2009-11-06$10.00/sh−62,765$627,650→ 318,342 total - Award
Class C Units of STR Holdings (New) LLC
2009-11-05+173,139→ 173,139 total - Award
Stock Option (right to buy)
2009-11-06+53,176→ 379,758 totalExercise: $10.00Exp: 2019-11-06→ Common Stock (53,176 underlying) - Disposition to Issuer
Class C Units of STR Holdings (New) LLC
2009-11-05−173,139→ 0 total - Award
Class A Units of STR Holdings (New) LLC
2009-11-05+5,216→ 5,216 total - Disposition to Issuer
Class A Units of STR Holdings (New) LLC
2009-11-05−5,216→ 0 total - Award
Stock Option (right to buy)
2009-11-06+122,211→ 501,969 totalExercise: $12.81Exp: 2019-11-06→ Common Stock (122,211 underlying)
Footnotes (3)
- [F1]Pursuant to a reorganization prior to the initial public offering of the Issuer, the holders of common stock of Specialized Technology Resources, Inc. received a proportionate amount of units in STR Holdings (New) LLC. STR Holdings (New) LLC was then converted from a limited liability company into a corporation where the units of STR Holdings (New) LLC were converted into shares of common stock of the Issuer.
- [F2]31/60 of the options will vest on January 31, 2010 and the remaining options will vest ratably in equal 1/29 installments as of the last day of each of the successive 29 months thereafter.
- [F3]3/5 of the options will vest on January 31, 2010 and the remaining options will vest annually in equal installments over two years, commencing on December 31, 2010 subject to the Issuer's satisfaction of certain performance criteria. If the performance criteria is not met for the fiscal year ended December 31, 2010 but is met for the fiscal year ended December 31, 2011, then the yearly amounts for both fiscal years ended December 31, 2010 and 2011 will become vested.
Documents
Issuer
STR Holdings, Inc.
CIK 0001473597
Related Parties
1- filerCIK 0001443956
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 7:27 PM ET
- Size
- 30.8 KB