Rubinow Steve 4
4 · ARCHIPELAGO HOLDINGS INC · Filed Jul 1, 2005
Insider Transaction Report
Form 4
Rubinow Steve
Chief Technology Officer
Transactions
- Award
Restricted Stock Units
2005-06-30+2,121→ 2,121 totalExercise: $0.00→ Common Stock
Footnotes (4)
- [F1]Granted under the Archipelago Holdings, Inc. 2004 Stock Incentive Plan.
- [F2]Each RSU represents the right to receive one share of the Issuer's common stock upon vesting.
- [F3]The number of RSUs awarded to the Reporting Person was determined by dividing the sum of the total dollar value of compensation granted to the Reporting Person by $38.90 (the closing price of the issuer's common stock on the Arca Exchange on June 30, 2005).
- [F4]The RSUs are service-based and will vest on in four installments, each occurring on the anniversary of the date of grant (beginning on the first anniversary), in the amount of 10%, 20%, 30% and 40% respectively, subject to the Reporting Person's continued employment with the Company. Generally, unvested units will be cancelled upon the Reporting Person's resignation from or other termination of employment with the Company.