Ray Scott H 4
4 · UNITED ONLINE INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
Ray Scott H
EVP & Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2011-02-15$7.05/sh+200,000$1,410,000→ 200,000 totalExercise: $7.05Exp: 2021-02-14→ Common Stock (200,000 underlying) - Tax Payment
Common Stock
2011-02-15$7.05/sh−8,912$62,830→ 400,943 total
Footnotes (4)
- [F1]Represents shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted stock units.
- [F2]Includes 110,000 shares subject to a restricted stock unit award granted on November 15, 2007 that will be issued as those units vest.
- [F3]Includes 46,667 shares subject to a restricted stock unit award granted on February 15, 2010 that will be issued as those units vest.
- [F4]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.