Elshaw Chris 4
4 · REVLON INC /DE/ · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Elshaw Chris
EVP, Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2011-01-02$9.84/sh−5,259$51,749→ 57,736 total
Footnotes (2)
- [F1]Mr. Elshaw did not sell any of the reported 5,259 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 1/2/11 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 57,736 shares beneficially owned, 32,401 shares are unvested restricted shares that the reporting person was granted on 12/8/08 which vest in substantially equal installments on 1/10/11 and 1/10/12.