Bosch Joseph A 4
4 · CENTEX CORP · Filed May 15, 2009
Insider Transaction Report
Form 4
CENTEX CORPCTX
Bosch Joseph A
SVP - Human Resources
Transactions
- Award
Common Stock
2009-05-13+53,304→ 126,130 total
Footnotes (1)
- [F1]Includes 39,978 shares of restricted stock and a restricted stock unit award for 13,326 shares, each granted on May 13, 2009. The restricted stock award vests 33 1/3% on 3/31/10, 3/31/11, and 3/31/12; provided that the award is subject to a performance condition that will be evaluated after 3/31/10 that may result in a forfeiture of all or part of the award, and the first vesting is suspended until the determination of the satisfaction with the vesting condition. Each stock unit will entitle the reporting person to one share of the issuer's common stock upon vesting, 33 1/3% on 3/31/10, 3/31/11 and 3/31/12. However, if the announced combination with Pulte Homes, Inc. is consummated, (a) the performance condition on the restricted stock award will be deemed satisfied at target level and (b) the stock unit award will be forfeited.