Grazioplene James J 4
4 · FORCE PROTECTION INC · Filed May 6, 2010
Insider Transaction Report
Form 4
Grazioplene James J
Executive Vice President, TLCS
Transactions
- Award
Common Stock
2010-05-04+3,981→ 42,833 total - Tax Payment
Common Stock
2010-05-04$5.32/sh−1,617$8,602→ 41,216 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 May 4, 2010, the grant date, and ending on May 4, 2012.
- [F2]Pursuant to the reporting person's restricted stock award granted on May 4, 2009 and May 4, 2010, 5,308 shares vested on May 4, 2010, of which 1,617 shares were forfeited as payment for his withholding obligations, including the minimum statutory federal tax withholding rate, the state tax withholding rate and Medicare.