Wood Gregory S. 4
4 · EnergySolutions, Inc. · Filed Jun 11, 2012
Insider Transaction Report
Form 4
Wood Gregory S.
Executive Vice President, CFO
Transactions
- Award
Phantom Stock Units
2012-06-11+1,248,816→ 1,248,816 total→ Phantom Stock Units (1,248,816 underlying)
Footnotes (1)
- [F1]Under an award agreement between Mr. Wood and EnergySolutions, Inc. (the "Company") under the Company's Executive Bonus Plan, the Company is to grant Mr. Wood 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. Mr. Wood's target award is 1,055,103 performance share units and his maximum award is 1,248,816 performance share units.