Hyatt II James F 4
4 · COSI INC · Filed Mar 4, 2011
Insider Transaction Report
Form 4
COSI INCCOSI
Hyatt II James F
DirectorCEO and President
Transactions
- Award
Restricted Stock Unit
2011-03-02+100,000→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]These shares of restricted stock are issued to the reporting person pursuant to the Cosi, Inc. 2005 Omnibus Long-Term Incentive Program. 20% of the shares became fully vested upon issuance. As long as the reporting person remains in the continuous employ of the company on each of March 2, 2012, March 2, 2013, March 2, 2014 and March 2, 2015, an additional 20% of the shares will fully vest on each such date.
- [F2]This total includes 265,000 shares of restricted stock that were exchanged for restricted stock units in December 2008. This total does not include 245,062 restricted shares of common stock issued to the reporting person in 2007.