MULLARKEY MICHAEL 4
4 · WORKSTREAM INC · Filed Apr 21, 2009
Insider Transaction Report
Form 4
WORKSTREAM INCWSTM
MULLARKEY MICHAEL
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Unit
2009-04-17−115,557→ 17,777 total→ Common Stock (115,557 underlying) - Exercise/Conversion
Common Stock
2009-04-17+115,557→ 11,141,557 total
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: 6,667 in November 2009, 4,444 in March 2010, and 6,666 in November 2010.