SIRVA INC 4
4 · SIRVA INC · Filed Oct 3, 2007
Insider Transaction Report
Form 4
SIRVA INCSIR
Barlow Kelly J
Director
Transactions
- Award
Deferred Stock (Right to Acquire)
2007-10-01$0.74/sh+3,085$2,283→ 14,645 totalExercise: $0.00→ Common Stock (3,085 underlying)
Footnotes (4)
- [F1]Deferred Stock converts to Common Stock on a one-for-one basis.
- [F2]Shares of Common Stock allocated to reporting person's account as of 10/01/07 pursuant to the Company's Directors Compensation Policy based on closing price of $0.74 per share for the Company's Common Stock on the New York Stock Exchange on 10/01/07.
- [F3]Will be distributed as soon as reasonably practicable following the six-month anniversary of the date on which the reporting person ceases to be a Director.
- [F4]Under an agreement with ValueAct Capital Master Fund, L.P., Kelly J. Barlow is deemed to hold the deferred stock for the benefit of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners, LLC as General Partner of ValueAct Capital Master Fund, L.P. (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. and (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P. (collectively "ValueAct Capital"). Kelly J. Barlow is a director of Sirva, Inc. and Non-Managing Member of VA Partners, LLC and ValueAct Capital Management, L.P. The reporting person disclaims beneficial ownership of the reported stock except to the extent of his pecuniary interest therein.