Planet Payment Inc 4
4 · Planet Payment Inc · Filed Jul 1, 2014
Insider Transaction Report
Form 4
Flaherty Kieth W
SVP, Operations & Project Mgmt
Transactions
- Award
Common Stock
2014-06-27$0.01/sh+40,000$400→ 46,218 total - Award
Common Stock
2014-06-27$0.01/sh+10,000$100→ 56,218 total
Footnotes (2)
- [F1]This is a restricted stock grant under the Issuer's 2012 Equity Incentive Plan, and will be 100% vested when the market price of the Issuer's common stock on or before December 31, 2015 is at least $6.00 per share for 30 consecutive trading days, provided that the Reporting Person is still providing services to the Issuer as of such date. Vesting on the shares will be 100% accelerated upon certain events occurring on or before December 31, 2015.
- [F2]This is a restricted stock grant under the Issuer's 2012 Equity Incentive Plan, and will vest in three equal annual installments with a vesting commencement date of June 24, 2014, provided that the Reporting Person is still providing services to the Issuer as of such dates.