RESOURCE AMERICA, INC. 4
4 · RESOURCE AMERICA, INC. · Filed Feb 1, 2016
Insider Transaction Report
Form 4
REISS RICHARD JR
Director
Transactions
- Award
Units
2016-01-28+5,827→ 5,827 total→ Common Stock (5,827 underlying)
Footnotes (1)
- [F1]The undersigned is a participant in the Resource America, Inc. 2012 Non-Employee Directors Deferred Stock Plan (the "Plan"). The undersigned has been granted a total of 5,827 units under the Plan. Each unit represents the right to receive one share of the Company's common stock upon termination of the undersigned as a director of the Company, subject to vesting provisions. The units in the Plan vest on the later of (i) the fifth anniversary of the date he first became an Eligible Director and (ii) the first anniversary of the grant of those units. The shares are receivable on account of the undersigned's service as a director and without additional consideration.