FIRST MARBLEHEAD CORP 4
4 · FIRST MARBLEHEAD CORP · Filed Sep 3, 2014
Insider Transaction Report
Form 4
MEYERS DANIEL MAXWELL
DirectorCEO and President
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-09-01−220,000→ 0 total→ Common Stock (220,000 underlying) - Tax Payment
Common Stock
2014-09-01$4.69/sh−72,600$340,494→ 981,286 total - Exercise/Conversion
Common Stock
2014-09-01+220,000→ 1,053,886 total
Footnotes (3)
- [F1]Amounts reported in this Form 4 reflect the one-for-ten reverse stock split effected by the issuer on December 2, 2013.
- [F2]Each stock unit represents a fully vested right to receive one share of common stock. The underlying shares will be issued as soon as practicable.
- [F3]On September 1, 2014, the reporting person was granted 220,000 restricted stock units, vesting immediately on the date of the grant.