McEwen Tim 4
4 · Archipelago Learning, Inc. · Filed Feb 28, 2011
Insider Transaction Report
Form 4
McEwen Tim
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2011-02-24+11,682→ 11,682 totalFrom: 2011-08-24Exp: 2011-08-24→ Common Stock (11,682 underlying) - Award
Restricted Stock Units
2011-02-24+16,356→ 28,038 totalFrom: 2015-02-24Exp: 2015-02-24→ Common Stock (16,356 underlying)
Footnotes (1)
- [F1]On February 24, 2011, the Issuer issued an aggregate of 28,038 restricted stock units, each of which represents one share of the issuer's common stock, to the Reporting Person. Subject to the Reporting Person's continued service to the Issuer, the restricted stock units shall vest as follows: 41 2/3% shall vest six (6) months following the grant date and will be settled in cash in an amount determined based on the price of the common stock on that date and the remainder shall vest on the fourth (4th) anniversary of the grant date and be settled in common stock of the Issuer.