KROTT JOSEPH P 4
4 · SUNOCO INC · Filed Mar 13, 2012
Insider Transaction Report
Form 4
SUNOCO INCSUN
KROTT JOSEPH P
Comptroller
Transactions
- Exercise/Conversion
Common Stock
2012-03-09+880→ 6,480 total - Tax Payment
Common Stock
2012-03-09$39.42/sh−313$12,338→ 6,167 total - Exercise/Conversion
Common Stock Unit
2012-03-09−880→ 1,760 total→ Common Stock (880 underlying)
Footnotes (4)
- [F1]Vesting and payout of 880 restricted common stock units, awarded in March 2011 pursuant to the Sunoco, Inc. Long-Term Performance Enhancement Plan III ("LTPEPIII"), for net of 567 shares of Sunoco, Inc. common stock issued to reporting person (313 shares used for tax withholding obligation).
- [F2]Award of restricted common stock units pursuant to the Sunoco, Inc. LTPEPIII in a transaction exempt under Rule 16b-3. These restricted common stock units vest ratably in increments of one-third at the end of each of three annual vesting cycles. Incremental settlement is contingent only upon the continued employment of reporting person with the Company through the end of each annual vesting cycle.
- [F3]Conversion rate is 1 for 1.
- [F4]Not Applicable