Scott Gary R. 4
4 · Erickson Air-Crane Inc · Filed Apr 17, 2012
Insider Transaction Report
Form 4
Scott Gary R.
Director
Transactions
- Award
Restricted Stock Units
2012-04-17+1,216→ 1,216 totalExp: 2014-12-31→ Common Stock (1,216 underlying)
Footnotes (2)
- [F1]Grant of Restricted Stock Units ("RSUs") pursuant to the Erickson Air-Crane Incorporated 2012 Long-Term Incentive Plan. Each RSU is payable (i) in one share of the Issuer's Common Stock, (ii) in the cash equivalent of one share of the Issuer's Common Stock, or (iii) in a combination of items (i) and (ii), upon or following the vesting of the award pursuant to the terms of the award agreement.
- [F2]The RSUs will vest in three equal portions on the last day of each of the Issuer's fiscal years 2012, 2013 and 2014, provided that Mr. Scott is still serving as of the applicable date.