4//SEC Filing
WOOD BRUCE J 4
Accession 0001140361-10-041486
CIK 0001022368other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 5:00 PM ET
Size
18.3 KB
Accession
0001140361-10-041486
Insider Transaction Report
Form 4
WOOD BRUCE J
DirectorPresident, CEO
Transactions
- Award
Class A Common Stock
2010-10-14+160,066→ 684,688 total - Tax Payment
Class A Common Stock
2010-10-14$7.60/sh−68,280$518,928→ 616,408 total - Exercise/Conversion
Stock Option (Right to Buy) (Class A Common Stock)
2010-10-14−25,000→ 0 totalExercise: $4.82Exp: 2011-12-07→ Class A Common Stock (25,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-10-14−450,000→ 0 totalExercise: $1.59Exp: 2011-04-10→ Class A Common Stock (450,000 underlying) - Exercise/Conversion
Class A Common Stock
2010-10-14$1.59/sh+450,000$715,500→ 1,066,408 total - Exercise/Conversion
Class A Common Stock
2010-10-14$4.82/sh+25,000$120,500→ 885,346 total - Tax Payment
Class A Common Stock
2010-10-14$7.60/sh−18,732$142,363→ 866,614 total - Tax Payment
Class A Common Stock
2010-10-14$7.60/sh−206,062$1,566,071→ 860,346 total
Footnotes (6)
- [F1]Shares delivered pursuant to the performance-based long-term award granted in December 2008 under the 2004 Equity Incentive Plan, as amended (the "2004 Plan"). The vesting of the award was accelerated in connection with the transaction described in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 15, 2010, in accordance with the terms of the 2004 Plan and corresponding award agreement. The award vested at 100% of target value, with approximately 74% of the target value paid in shares of the Issuer's Class A Common Stock.
- [F2]These shares were delivered to the Company in fulfillment of the tax withholding obligations on the cash and shares delivered in connection with the performance-based long-term awards granted in December 2008.
- [F3]Mr. Wood utilized the Company's net settlement program, which allows him to exercise stock options and hold the underlying shares, with the exception of those shares delivered to the Company to pay the exercise price (94,145 shares) and minimum tax withholding (111,917 shares) related to this exercise.
- [F4]Mr. Wood utilized the Company's net settlement program, which allows him to exercise stock options and hold the underlying shares, with the exception of those shares delivered to the Company to pay the exercise price (15,856 shares) and minimum tax withholding (2,876 shares) related to this exercise.
- [F5]These options vested in four equal installments on October 11, 2003; April 11, 2004; April 11, 2005; and April 11, 2006.
- [F6]These options vested in three equal annual installments commencing with December 8, 2004.
Documents
Issuer
SCHIFF NUTRITION INTERNATIONAL, INC.
CIK 0001022368
Entity typeother
Related Parties
1- filerCIK 0001263705
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 5:00 PM ET
- Size
- 18.3 KB