MAGNETEK, INC. 4
4 · MAGNETEK, INC. · Filed Aug 8, 2013
Insider Transaction Report
Form 4
Hui Hungsun Sawyer
Vice President, Operations
Transactions
- Award
Common Stock
2013-08-07+914→ 16,471 total - Tax Payment
Common Stock
2013-08-08$18.06/sh−313$5,653→ 16,158 total
Footnotes (2)
- [F1]On August 24, 2010, the reporting person was granted a target number of performance-based shares with the payout from 0 to 200% of target based on the Company's total stockholder return and cumulative adjusted EBITDA over the three year period from July 1, 2010 through June 30, 2013. The performance metrics were certified by the Compensation Committee on August 7, 2013, resulting in the reported number of performance-based shares received.
- [F2]Withholding of shares to cover taxes due on restricted performance-based shares that vested on 8/7/2013.