Elshaw Chris 4
4 · REVLON INC /DE/ · Filed Jan 5, 2010
Insider Transaction Report
Form 4
Elshaw Chris
EVP, Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2010-01-02$17.01/sh−5,163$87,823→ 69,511 total
Footnotes (2)
- [F1]Mr. Elshaw did not sell any of the reported 5,163 shares. Rather, this amount represents shares withheld pursuant to the terms of a shareholder-approved stock plan for the payment of withholding taxes due upon the 1/2/10 vesting of 11,867 of the 35,600 shares of restricted stock Mr. Elshaw was granted on 12/10/07. These withheld shares are not sold on the open market and become Revlon, Inc. treasury shares.
- [F2]Of the 69,511 shares beneficially owned, (a) 11,867 shares are unvested restricted shares that the reporting person was granted on 12/10/07, which vest on 1/2/11; and (b) 48,600 shares are unvested restricted shares that the reporting person was granted on 12/8/08 which vest in substantially equal installments on 1/10/10, 1/10/11 and 1/10/12.