Summer Infant, Inc. 4
4 · Summer Infant, Inc. · Filed Dec 10, 2015
Insider Transaction Report
Form 4
Almagor Dan
Director
Transactions
- Award
Restricted Stock Units (performance-based)
2015-12-08+194,209→ 194,209 totalExercise: $0.00→ Common Stock (194,209 underlying)
Footnotes (1)
- [F1]Restricted stock units ("RSUs") represent the right to receive shares of the Issuer's common stock upon achievement of specified stock price performance metrics. The RSUs expire on the date of the Issuer's 2017 annual stockholder meeting. The number of shares reported assumes maximum achievement of the stock price performance metrics during the term of the award, however, the number of shares of common stock delivered to the reporting person will depend on actual achievement of the performance metric.