Svindland Paul C 4

4 · CELADON GROUP INC · Filed Jul 26, 2017

Form 4

Period: 2017-07-24

DirectorCEO

Transactions

Award
Employee Stock Option (Right-to-Buy)
2017-07-24+60,000→ 60,000 total
Exercise: $6.00Exp: 2027-07-24→ Common Stock (60,000 underlying)
Award
Common Stock
2017-07-24+200,000→ 600,000 total
Award
Employee Stock Option (Right-to-Buy)
2017-07-24+70,000→ 70,000 total
Exercise: $4.00Exp: 2027-07-24→ Common Stock (70,000 underlying)
Award
Employee Stock Option (Right-to-Buy)
2017-07-24+70,000→ 70,000 total
Exercise: $5.00Exp: 2027-07-24→ Common Stock (70,000 underlying)
Award
Common Stock
2017-07-24+400,000→ 400,000 total

Footnotes (3)

[F1]Represents an inducement award of stock to the reporting person in connection with his appointment as CEO. The award is subject to certain holding provisions.
[F2]Represents an inducement award of restricted stock to the reporting person in connection with his appointment as CEO. The award is subject to certain vesting, holding, and forfeiture provisions.
[F3]Represents an inducement award of stock options to the reporting person in connection with his appointment as CEO. The options to purchase an aggregate of 200,000 shares of the Issuer's common stock become exercisable in one-third increments on each of 8/1/2019, 8/1/2020, and 8/1/2021, and are subject to certain forfeiture provisions.

Documents

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