RANDALL FREDERIC A JR 4
4 · UNITED ONLINE INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
RANDALL FREDERIC A JR
EVP, General Counsel, Sec.
Transactions
- Tax Payment
Common Stock
2011-02-15$7.05/sh−42,971$302,946→ 335,184 total - Award
Stock Option (Right to Buy)
2011-02-15$7.05/sh+175,000$1,233,750→ 175,000 totalExercise: $7.05Exp: 2021-02-14→ Common Stock (175,000 underlying)
Footnotes (3)
- [F1]Represents shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted stock units.
- [F2]Includes 33,334 shares subject to a restricted stock unit award granted on February 15, 2010 that will be issued as those units vest.
- [F3]The option shall vest and become exercisable as follows: one-third shall vest upon the Reporting Person's continuation in service through February 15, 2012, an additional one-third shall vest upon the Reporting Person's continuation in service through February 15, 2013, and the remaining one-third shall vest upon the Reporting Person's continuation in service through February 15, 2014.