4//SEC Filing
Snell Norman 4
Accession 0001144204-11-002398
CIK 0000826773other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:51 PM ET
Size
13.5 KB
Accession
0001144204-11-002398
Insider Transaction Report
Form 4
Snell Norman
Chief Information Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-01-10−9,315→ 0 totalExercise: $56.00Exp: 2017-09-27→ Common Stock (9,315 underlying) - Award
Restricted Stock Units (RSUs)
2011-01-10+25,000→ 25,000 total→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-01-10−5,239→ 0 totalExercise: $56.00Exp: 2017-09-27→ Common Stock (5,239 underlying) - Award
Stock Option (right to buy)
2011-01-10+5,239→ 5,239 totalExercise: $9.42Exp: 2017-09-27→ Common Stock (5,239 underlying)
Footnotes (6)
- [F1]On January 10, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, stock options granted to the reporting person on September 27, 2007. In exchange for these cancelled stock options, the reporting person was granted 5,239 stock options on January 10, 2011 (the "Date of Grant").
- [F2]The stock options were fully vested as of the Date of Grant.
- [F3]On January 10, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, stock options granted to the reporting person on September 27, 2007. In exchange for these cancelled stock options, the reporting person received 25,000 restricted stock units ("RSUs") on the Date of Grant.
- [F4]The stock options vest ratably over a five year period beginning on September 27, 2007. On January 10, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, these stock options and in exchange, the reporting person received 25,000 RSUs on the Date of Grant.
- [F5]The RSUs represent the right to receive one share of the issuer's common stock for each vested RSU.
- [F6]The RSUs will vest in accordance with the following schedule: 20% are vested as of the Date of Grant, and the remaining 80% shall vest in 20% increments on each of July 1, 2011, July 1, 2012, July 1, 2013 and July 1, 2014; provided that the reporting person remains in continuous employment or service with the issuer on each applicable vesting date.
Documents
Issuer
UniTek Global Services, Inc.
CIK 0000826773
Entity typeother
Related Parties
1- filerCIK 0001507360
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:51 PM ET
- Size
- 13.5 KB