CARDTRONICS INC 4
4 · CARDTRONICS INC · Filed May 31, 2016
Insider Transaction Report
Form 4
CARDTRONICS INCCATM
Lynch Dennis
Director
Transactions
- Other
Common Stock
2016-05-26$38.12/sh−3,269$124,601→ 0 total(indirect: By Trust)
Holdings
- 25,359
Common Stock
- 3,647
Restricted Stock Units
→ Common Stock (3,647 underlying)
Footnotes (3)
- [F1]Shares sold on the open market upon modification of Cardtronics' Deferred Compensation Plan ("the Plan") that eliminated the ability of directors and employees to hold deferred compensation in Cardtronics stock. The proceeds of this sale will be held in trust pursuant to the terms of the Plan.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Cardtronics common stock.
- [F3]Restricted Stock Units awarded to Mr. Lynch in connection with his anticipated service as a director for the Company in 2016. The forfeiture restrictions on the units shall lapse on March 10, 2017, and each restricted stock unit will convert into one share of Cardtronics common stock at that time. In the event that Mr. Lynch's service as a director ends prior to such date, the units will be forfeited back to the Company.