Colavita Michael J 4
4 · SUNOCO INC · Filed Apr 3, 2012
Insider Transaction Report
Form 4
SUNOCO INCSUN
Colavita Michael J
Vice President & Interim CFO
Transactions
- Tax Payment
Common Stock
2012-03-26$39.42/sh−156$6,150→ 5,164 total - Exercise/Conversion
Common Stock
2012-03-26+448→ 5,320 total - Exercise/Conversion
Common Stock Unit
2012-03-26−448→ 896 total→ Common Stock (448 underlying)
Footnotes (4)
- [F1]Vesting and payout of 448 restricted common stock units, awarded March 2011 pursuant to the Sunoco, Inc. Long-Term Performance Enhancement Plan III ("LTPEPIII"), for net of 292 shares of Sunoco, Inc. common stock issued to reporting person (156 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