Orcutt Mark James 4
4 · GEORGIA GULF CORP /DE/ · Filed May 23, 2012
Insider Transaction Report
Form 4
Orcutt Mark James
Executive Vice President
Transactions
- Award
Restricted Stock Units
2012-05-21+17,658→ 17,658 total→ Common Stock
Footnotes (2)
- [F1]Shares of Georgia Gulf Corporation common stock may be issued to the Reporting Person upon the vesting of the restricted stock units, which are also referred to by the Company as performance leveraged units or "PLUs." The number of shares of Company common stock shown is the award at the "target" performance level. The actual number of shares of common stock that may be issued to the Reporting Person upon vesting ranges from 0 to 26,487 shares, and depends solely on the price performance of the Company's common stock as measured by the weighted average trading price of the Company common stock during the 45 consecutive trading days after the date the Company issues its earnings press release announcing its financial results for its 2014 fiscal year.
- [F2]The shares underlying this award, if any, will vest on May 21, 2015. The expiration date of the award is the same date as the vesting date.