YTB International, Inc. 4
4 · YTB International, Inc. · Filed May 10, 2007
Insider Transaction Report
Form 4
YTB International, Inc.YTBL.PK
Brent Michael
10% OwnerOther
Transactions
- Sale
Common Stock
2007-05-09$4.15/sh−7,505$31,146→ 5,385,326 total - Sale
Common Stock
2007-05-08$4.17/sh−7,577$31,596→ 5,392,831 total
Footnotes (1)
- [F1]Of the shares reported in this row as beneficially owned by the Reporting Person, 699,998 shares are held by the Reporting Person individually and the remaining shares are held jointly by the Reporting Person and his spouse. The 699,998 shares held by the Reporting Person individually are restricted shares of the Issuer's common stock that were granted to the Reporting Person by the Issuer on January 2, 2007, of which 225,806 shares vested immediately on the grant date and the remaining 474,192 shares will vest in four equal installments of 118,548 shares each (upon the first four anniversaries of the grant date) only upon the achievement of certain specified performance goals by the Reporting Person, as detailed in a restricted stock award agreement by and between the Issuer and the Reporting Person, dated as of January 2, 2007.