Glowacki Curt 4
4 · MEXICAN RESTAURANTS INC · Filed May 26, 2010
Insider Transaction Report
Form 4
Glowacki Curt
DirectorPresident & CEO
Transactions
- Award
Common Stock
2010-05-24+10,000→ 89,500 total
Footnotes (1)
- [F1]10,000 of the restricted shares will vest over a four year period beginning May 24, 2010 at the rate of 25% per year. In addition, the Company has determined that it will award Mr. Glowacki an additional 10,000 shares next year. Each of these restricted share grants will vest over four years at the rate of 25% per year. Mr. Glowacki would need to be an employee on the dates of such grants, and through the resulting vesting schedules. The grant vesting schedules would accelerate upon a change of control in the Company.