WERNER ENTERPRISES INC 4
4 · WERNER ENTERPRISES INC · Filed Feb 12, 2016
Insider Transaction Report
Form 4
MULLEN JAMES A
VP-General Counsel Litigation
Transactions
- Award
Common Stock
2016-02-10+10,500→ 48,834.373 total - Tax Payment
Common Stock
2016-02-10$26.42/sh−728$19,234→ 48,106.373 total - Tax Payment
Common Stock
2016-02-10$26.42/sh−677$17,886→ 47,429.373 total
Footnotes (3)
- [F1]Represents shares earned in connection with the performance-based restricted stock previously granted on February 10, 2015, based upon the level of attainment of certain performance objectives. These shares shall vest, subject to continued employment, in five annual increments of 20% each beginning February 10, 2016 (1 year after the grant date). The award will become fully vested on February 10, 2020.
- [F2]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 2,100 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2015.
- [F3]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,800 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2014.