AUDIBLE INC 4
4 · AUDIBLE INC · Filed Jan 4, 2008
Insider Transaction Report
Form 4
AUDIBLE INCADBL
Rogers Glenn M
Cheif Operating Officer
Transactions
- Award
Common Stock
2008-01-02+16,650→ 51,650 total - Exercise/Conversion
Restricted Stock Units
2008-01-02−16,650→ 33,350 total→ Common Stock (16,650 underlying)
Footnotes (4)
- [F1]Represents settlement of vested restricted stock units.
- [F2]Includes 35,000 restricted shares of the Issuer's common stock that was awarded to Mr. Rogers. 10,000 of these shares cease to be restricted shares on June 13, 2009 and 25,000 shares cease to be restricted shares on June 13, 2008.
- [F3]Each restricted stock unit represents a contingent right to receive shares of Audible, Inc. common stock.
- [F4]The restricted stock units will vest as to 33.3% on the first anniversary of the date of grant, 33.3% on the second anniversary of the date of grant and 33.4% on the third anniversary of the date of grant.