Jordan Paul 4
4 · UNITED ONLINE INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
Jordan Paul
EVP, Chief Personnel Officer
Transactions
- Tax Payment
Common Stock
2011-02-15$7.05/sh−13,045$91,967→ 136,952 total - Sale
Common Stock
2011-02-16$7.10/sh−1,448$10,281→ 135,504 total - Award
Stock Option (Right to Buy)
2011-02-15$7.05/sh+125,000$881,250→ 125,000 totalExercise: $7.05Exp: 2021-02-14→ Common Stock (125,000 underlying)
Footnotes (5)
- [F1]Represents shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted stock units.
- [F2]Includes 30,000 shares subject to a restricted stock unit award granted on February 15, 2010 that will be issued as those units vest.
- [F3]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 29, 2010.
- [F4]All shares were sold at the reported $7.10 per share.
- [F5]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.