Hutcherson Phillip Randall 4
4 · FORCE PROTECTION INC · Filed Apr 9, 2010
Insider Transaction Report
Form 4
Hutcherson Phillip Randall
Exec VP,Glbl Sales/Bus.Dvlpmt
Transactions
- Award
Common Stock
2010-04-07+10,972→ 81,957 total - Tax Payment
Common Stock
2010-04-07$6.07/sh−4,894$29,707→ 77,063 total
Footnotes (2)
- [F1]These shares of common stock are subject to forfeiture restrictions, whereby one-third of the restrictions lapse in equal annual installments commencing on April 7, 2010, the grant date, and ending on April 7, 2012.
- [F2]Pursuant to the reporting person's restricted stock awards granted on April 7, 2009 and April 7, 2010, 14,629 shares vested on April 7, 2010, of which 4,894 shares were forfeited as payment for his tax withholding obligations, including the minimum statutory federal tax withholding rate, the state tax withholding rate and Medicare.