Wheeler Michael Conard 4
4 · CHYRON CORP · Filed Jan 4, 2013
Insider Transaction Report
Form 4
CHYRON CORPCHYR
Wheeler Michael Conard
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-01-03+47,023→ 47,023 totalFrom: 2014-01-03Exp: 2014-01-03→ Common Stock (47,023 underlying) - Exercise/Conversion
Common Stock
2013-01-04+21,761→ 59,461 total - Exercise/Conversion
Restricted Stock Units
2013-01-03−21,761→ 0 totalFrom: 2013-01-03Exp: 2013-01-03→ Common Stock (21,761 underlying)
Footnotes (3)
- [F1]21,761 shares of Chyron common stock in Table I were acquired upon settlement of equivalent number of Restricted Stock Units (RSUs) reported in Table II. RSUs were awarded 1/3/12 as partial compensation for Board services through 1/3/13.
- [F2]RSUs were awarded 1/3/13 as partial compensation for Board service through the vesting date of 1/3/14.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Chyron common stock on its vesting date at a zero exercise price.