UNITED ONLINE INC 4
4 · UNITED ONLINE INC · Filed Mar 10, 2014
Insider Transaction Report
Form 4
Shulman Gail H
EVP, General Counsel
Transactions
- Award
Common Stock
2014-03-06+53,000→ 53,000 total - Award
Stock Option (Right to Buy)
2014-03-06$11.23/sh+159,000$1,785,570→ 159,000 totalExercise: $11.23Exp: 2024-03-05→ Common Stock (159,000 underlying)
Footnotes (3)
- [F1]Represents an award of restricted stock units. Each unit will entitle the Reporting Person to one share of the Issuer's common stock upon vesting. The units will vest and become issuable in three successive equal annual installments on February 15, 2015, February 15, 2016 and February 15, 2017, provided the Reporting Person continues in the Issuer's service through each applicable vesting date.
- [F2]Includes 53,000 shares subject to the reported restricted stock unit award.
- [F3]The option shall vest and become exercisable as follows: one-third will vest and become exercisable upon the Reporting Person's continuation in service through February 15, 2015, and the balance will vest and became exercisable in 24 equal monthly installments upon the Reporting Person's completion of each additional month of service thereafter.