ITT EDUCATIONAL SERVICES INC 4
4 · ITT EDUCATIONAL SERVICES INC · Filed Mar 21, 2016
Insider Transaction Report
Form 4
TANNER GLENN E
Sr VP, Marketing
Transactions
- Award
Common Stock
2016-03-18+6,750→ 22,965 total - Award
Employee Stock Option (Right to Buy)
2016-03-18+10,000→ 10,000 totalExercise: $3.57Exp: 2023-03-18→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Restricted stock units awarded under the ITT Educational Services, Inc. Amended and Restated 2006 Equity Compensation Plan (the "2006 Plan"), a Rule 16b-3 plan. The award will settle in three equal installments on March 18, 2017, 2018 and 2019, in the form of one share of the Company's common stock for each restricted stock unit being settled.
- [F2]Option awarded under the 2006 Plan.
- [F3]The option vests in three equal installments on March 18, 2017, 2018 and 2019.