Rojek Jeffrey M. 4
4 · GLG Partners, Inc. · Filed Mar 22, 2010
Insider Transaction Report
Form 4
Rojek Jeffrey M.
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2010-03-18$2.78/sh−22,349$62,130→ 38,277 total
Holdings
- 301,153
Common Stock (Restricted)
Footnotes (2)
- [F1]On March 18, 2010, 53,993 shares of restricted stock vested pursuant to the terms of the restricted stock awards made to Mr. Rojek by GLG Partners, Inc. ("GLG") under GLG's 2007 Long-Term Incentive Plan (the "2007 LTIP"). Of the 53,993 shares, 22,349 shares were withheld by GLG to cover Mr. Rojek's tax withholding obligations with respect to the vested shares.
- [F2]Includes shares of restricted stock of GLG awarded to Mr. Rojek by GLG on March 18, 2008 and March 18, 2009 under GLG's 2007 LTIP (the "Performance Awards"), which each vest in four equal installments annually, subject to GLG having achieved certain minimum levels of net assets under management ("AUM") as of February 28 of each year. Also includes shares of restricted stock of GLG awarded to Mr. Rojek by GLG on February 23, 2010 under GLG's 2009 Long-Term Incentive Plan which are subject to time vesting. The shares under the Performance Awards vest on the date the Compensation Committee of the Board of Directors of GLG determines that the target levels of net AUM have been achieved as of February 28 of the relevant year. On March 18, 2009, 53,993 shares vested with respect to 2009.