Hutcherson Phillip Randall 4
4 · FORCE PROTECTION INC · Filed Mar 4, 2011
Insider Transaction Report
Form 4
Hutcherson Phillip Randall
Exec VP,Glbl Sales/Bus.Dvlpmt
Transactions
- Award
Common Stock
2011-03-02+71,780→ 181,385 total - Award
Stock Options (Right to Buy)
2011-03-02+29,349→ 29,349 totalExercise: $4.78Exp: 2021-03-02→ Common Stock (29,349 underlying)
Footnotes (2)
- [F1]These shares of common stock are subject to forfeiture restrictions, whereby the restrictions on 50% of the stock will lapse in three equal annual installments commencing on March 2, 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 March 2, 2012.
- [F2]These stock options vest in three annual equal installments, commencing on March 2, 2012.