KIELISZAK JERRY 4
4 · ChyronHego Corp · Filed May 24, 2013
Insider Transaction Report
Form 4
ChyronHego CorpCHYR
KIELISZAK JERRY
Sr. VP and CFO
Transactions
- Exercise/Conversion
Common Stock
2013-05-22+16,667→ 57,503 total - Exercise/Conversion
Restricted Stock Units
2013-05-22−16,667→ 0 totalFrom: 2013-05-22Exp: 2013-05-22→ Common Stock (16,667 underlying) - Tax Payment
Common Stock
2013-05-22$1.35/sh−6,011$8,115→ 51,492 total
Holdings
- 24,438(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Code M - 16,667 shares of Chyron common stock in Table I were acquired upon settlement of Restricted Stock Units reported in Table II. In accordance with the change-in-control provision of the Company's 2008 Long Term Incentive Plan under which these RSUs were awarded, these RSUs immediately vested upon the Company's closing of the acquisition of Hego AB on May 22, 2013.
- [F2]Code F - Represents shares withheld to satisfy tax withholding obligation upon the vesting on May 22, 2013 of 16,667 restricted stock units awarded to the reporting person on May 10, 2011. This award includes a provision for the withholding of shares to pay the withholding taxes due on the vesting date.
- [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 for the award granted on May 10, 2011.