Albrecht Thomas S 4
4 · CELADON GROUP INC · Filed Oct 18, 2017
Insider Transaction Report
Form 4
Albrecht Thomas S
EVP, CFO, and CSO
Transactions
- Award
Common Stock
2017-10-16+100,000→ 175,000 total - Award
Employee Stock Option (Right to Buy)
2017-10-16+50,000→ 50,000 totalExercise: $5.30Exp: 2027-10-16→ Common Stock (50,000 underlying) - Award
Common Stock
2017-10-16+75,000→ 75,000 total
Footnotes (3)
- [F1]Represents an inducement award of stock to the reporting person in connection with his appointment as EVP, CFO, and CSO. 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 EVP, CFO, and CSO. The award is subject to certain vesting and forfeiture provisions.
- [F3]Represents an inducement award of stock options to the reporting person in connection with his appointment as EVP, CFO, and CSO. The options to purchase an aggregate of 50,000 shares of the Issuer's common stock become exercisable in one-third increments on each of 11/01/2019, 11/01/2020, and 11/01/2021, and are subject to certain forfeiture provisions.