Edwards Neil P 4
4 · UNITED ONLINE INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
Edwards Neil P
SVP Finance, Treasurer & CAO
Transactions
- Award
Stock Option (Right to Buy)
2011-02-15$7.05/sh+150,000$1,057,500→ 150,000 totalExercise: $7.05Exp: 2021-02-14→ Common Stock (150,000 underlying) - Tax Payment
Common Stock
2011-02-15$7.05/sh−10,991$77,487→ 221,976 total
Holdings
- 600(indirect: By Daughter)
Common Stock
- 200(indirect: By Son)
Common Stock
Footnotes (3)
- [F1]Represents shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted stock units.
- [F2]Includes 26,667 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.