4//SEC Filing
Lockwood David James 4
Accession 0001104659-12-042877
CIK 0001393744other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 8:21 PM ET
Size
22.1 KB
Accession
0001104659-12-042877
Insider Transaction Report
Form 4
Lockwood David James
Director
Transactions
- Award
Phantom Stock Units
2012-06-11+3,122,041→ 3,122,041 total→ Phantom Stock Units (3,122,041 underlying) - Other
Common Stock
2012-06-11−55,935→ 0 total - Other
Common Stock
2012-06-11+414,364→ 414,364 total(indirect: By IRA) - Other
Common Stock
2012-06-11+33,082→ 33,082 total - Other
Common Stock
2012-06-11+206,558→ 206,558 total(indirect: By Trust)
Footnotes (2)
- [F1]David Lockwood is transferring the 55,935 common stock he previously held for the benefit of ValueAct SmallCap to ValueAct SmallCap Master Fund, L.P. for no consideration pursuant to a pre-existing agreement. Following that transfer, ValueAct SmallCap Master Fund is distributing in kind the shares it held to its investors, including Mr. Lockwood, his IRA and his Trust. Settlement of this in-kind distribution may occur on or after the date hereof.
- [F2]Under an award agreement between Mr. Lockwood and EnergySolutions, Inc. (the "Company") under the Company's Executive Bonus Plan, the Company is to grant Mr. Lockwood on June 12, 2012 a performance share unit award, subject to full payment over six years based on four-year performance criteria, absent a qualifying termination of employment. In general, no amounts are payable under the PSU Agreements unless certain performance criteria are met. The awards are payable in cash, except that the first 1,000,000 units earned and paid to Mr. Lockwood will instead be settled in shares of the Company's common stock granted under the Company's 2007 Equity Incentive Plan pursuant to the terms of a restricted stock award agreement. Mr. Lockwood's target award is 2,637,758 performance share units and his maximum award is 3,122,041 performance share units.
Documents
Issuer
EnergySolutions, Inc.
CIK 0001393744
Entity typeother
Related Parties
1- filerCIK 0001395393
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 8:21 PM ET
- Size
- 22.1 KB