CROSS DEWAIN K 4
4 · CIRCOR INTERNATIONAL INC · Filed Feb 27, 2009
Insider Transaction Report
Form 4
CROSS DEWAIN K
Director
Transactions
- Exercise/Conversion
Common Stock
2009-02-26+333→ 15,321 total - Exercise/Conversion
Restricted Stock Units
2009-02-26−333→ 334 total→ Common Stock (333 underlying)
Footnotes (1)
- [F1]The Restricted Stock Units (RSUs), the conversion of which is reported herein, were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on 2/26/07. On that date, the fair market value (FMV) of the issuer's stock was $36.23. The RSUs vest and are received by the Reporting Person in three equal portions on 2/26/08, 2/26/09, 2/26/10 unless the Reporting Person has previously elected a longer deferral period. This report reflects the vesting of the second one-third of this RSU award and acquisition of the underlying shares. The fair market value of the issuer's common stock on 2/25/09 (the last business day prior to vesting) is $20.74.