4//SEC Filing
FIRST MARBLEHEAD CORP 4
Accession 0001140361-14-034735
CIK 0001262279operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 4:31 PM ET
Size
9.8 KB
Accession
0001140361-14-034735
Insider Transaction Report
Form 4
Baumer William p
Managing Director
Transactions
- Award
Restricted Stock Units
2014-09-01+20,000→ 20,000 total→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2014-09-01+1,300→ 23,058 total - Exercise/Conversion
Restricted Stock Units
2014-09-01−1,300→ 1,300 total→ Common Stock (1,300 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 1,300 restricted stock units vested on September 1, 2014. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
- [F2]On September 1, 2011, the reporting person was granted 5,200 restricted stock units, vesting in four equal annual installments beginning on September 1, 2012, the first anniversary of the date of the grant.
- [F3]Following the vesting of the 1,300 restricted stock units reported hereby, the remaining 1,300 restricted stock units will vest on September 1, 2015.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date.
- [F5]The restricted stock units vest in four annual installments beginning on September 1, 2015, the first anniversary of the date of the grant. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
Documents
Issuer
FIRST MARBLEHEAD CORP
CIK 0001262279
Entity typeoperating
Related Parties
1- filerCIK 0001262279
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 4:31 PM ET
- Size
- 9.8 KB