GERRIOR MICHAEL 4
4 · WORKSTREAM INC · Filed Apr 21, 2009
Insider Transaction Report
Form 4
WORKSTREAM INCWSTM
GERRIOR MICHAEL
Director
Transactions
- Exercise/Conversion
Common Stock
2009-04-17+33,334→ 74,001 total - Exercise/Conversion
Restricted Stock Unit
2009-04-17−33,334→ 19,999 total→ Common Stock (33,334 underlying)
Footnotes (2)
- [F1]Shares were acquired upon the vesting and conversion of Restricted Stock Units, which were granted in prior years, for which no consideration was paid.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Workstream Inc. common stock upon vesting. The remaining RSU's will vest as follows: 13,333 in November 2009 and 6,666 in November 2010.