PYTAK RICHARD A JR 4
4 · Avantair, Inc · Filed Oct 1, 2009
Insider Transaction Report
Form 4
Avantair, IncAAIR.OB
PYTAK RICHARD A JR
Chief Financial Officer
Transactions
- Award
Common Stock, par value $.0001
2009-10-01+25,000→ 31,519 total - Tax Payment
Common Stock, par value $.0001
2009-09-30$1.30/sh−165$215→ 6,519 total
Footnotes (2)
- [F1]Represents 7,500 shares of Restricted Stock granted on June 30, 2008 pursuant to the Company's Long-Term Incentive Plan. One-third of the shares vested on June 30, 2009, and one-twelfth of the shares vest every three months thereafter. The 165 shares were redeemed by the Issuer from the Reporting Person to satisfy tax withholding obligations in connection with the share vesting on September 30, 2009.
- [F2]Represents 25,000 shares of Restricted Stock granted on October 1, 2009, pursuant to the Company's Long-Term Incentive Plan. One-third of the shares vest on October 1, 2010, and one-twelfth of the shares vest every three months thereafter.