Sears Leslie Jeanne 4/A
4/A · RCN CORP /DE/ · Filed Mar 18, 2009
Insider Transaction Report
Form 4/AAmended
RCN CORP /DE/RCNI
Sears Leslie Jeanne
SVP & Controller
Transactions
- Disposition to Issuer
Common Stock
2009-02-26−66→ 21,715 total - Award
Common Stock
2008-03-14+13,489→ 22,318 total - Tax Payment
Common Stock
2009-02-26−2,273→ 19,442 total - Disposition to Issuer
Common Stock
2009-02-26−537→ 21,781 total
Footnotes (3)
- [F1]On March 14, 2008 the reporting person was granted 13,489 Restricted Stock Units ("RSU's") pursuant to the RCN Stock Compensation Plan. The RSU's are subject to adjustment based on pre-determined financial performance criteria for fiscal year 2008 established by RCN's Board of Directors, and will vest in three equal amounts on February 26, 2009, June 1, 2010 and June 1, 2011.
- [F2]Represents RSU's forfeited in relation to the 2008 performance criteria noted above (as amended).
- [F3]Represents shares of restricted stock from a 2007 performance-based grant which were forfeited in relation to 2008 performance criteria.