4//SEC Filing
HUMES JACK H JR 4
Accession 0001140361-11-030639
CIK 0000852766other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 6:01 PM ET
Size
6.2 KB
Accession
0001140361-11-030639
Insider Transaction Report
Form 4
YTB International, Inc.YTBLA.PK
HUMES JACK H JR
Director
Transactions
- Award
Class A Common Stock
2011-05-26+30,000→ 393,333 total
Footnotes (2)
- [F1]The Issuer has two classes of common stock, Class A Common Stock and Class B Common Stock. The two classes of common stock are identical in all respects except as to voting power, as shares of Class A Common Stock are entitled to one-tenth vote per share, and shares of Class B Common Stock, one vote per share, on all matters submitted to a vote of the Issuer's stockholders. Because shares of Class B Common Stock automatically convert into Class A Common Stock on a one-for-one basis upon sale or other disposition (with the exception of transfers among related entities, transfers to trusts for the benefit of the transferring holder of the Class B Common Stock, bona fide pledges under financing arrangements and similar transfers), the Reporting Person has included Class B Common Stock in calculating and reporting the total number of shares of Class A Common Stock that he holds or that he has acquired or disposed of throughout this Form 4.
- [F2]The transaction reported in this row involves the grant by the Issuer to the Reporting Person of an annual restricted stock award, pursuant to the Issuer's plan of compensation for its non-employee directors. The restricted stock award will vest upon the first anniversary of the grant date subject to the Reporting Person's continued service on the Board of Directors of the Issuer.
Documents
Issuer
YTB International, Inc.
CIK 0000852766
Entity typeother
Related Parties
1- filerCIK 0001466513
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 6:01 PM ET
- Size
- 6.2 KB