4//SEC Filing
Yannantuono Daniel Joseph Jr 4
Accession 0001144204-11-002423
CIK 0000826773other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 5:04 PM ET
Size
22.0 KB
Accession
0001144204-11-002423
Insider Transaction Report
Form 4
Yannantuono Daniel Joseph Jr
CEO, DirectSat USA, LLC
Transactions
- 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) - Disposition to Issuer
Stock Option (right to buy)
2011-01-10−1,165→ 0 totalExercise: $56.00Exp: 2018-06-01→ Common Stock (1,165 underlying) - Award
Stock Option (right to buy)
2011-01-10+6,512→ 6,512 totalExercise: $9.42→ Common Stock (6,512 underlying) - 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) - Disposition to Issuer
Stock Option (right to buy)
2011-01-10−3,689→ 0 totalExercise: $56.00Exp: 2018-06-01→ Common Stock (3,689 underlying) - Award
Restricted Stock Units (RSUs)
2011-01-10+89,286→ 89,286 total→ Common Stock (89,286 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-01-10−108→ 0 totalExercise: $56.00Exp: 2019-11-15→ Common Stock (108 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-01-10−787→ 0 totalExercise: $56.00Exp: 2019-11-15→ Common Stock (787 underlying)
Footnotes (7)
- [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, June 1, 2008 and November 15, 2009, respectively. In exchange for these cancelled stock options, the reporting person was granted 6,512 stock options on January 10, 2011 (the "Date of Grant").
- [F2]The stock options were fully vested as of the Date of Grant.
- [F3]The stock options will expire as follows: 5,239 stock options expire on September 27, 2017, 1,165 stock options expire on June 1, 2018 and 108 stock options expire on November 15, 2019.
- [F4]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, June 1, 2008 and November 15, 2009, respectively. In exchange for these cancelled stock options, the reporting person was granted 89,286 restricted stock units ("RSUs") on the Date of Grant.
- [F5]The stock options vest ratably over a five year period beginning on September 27, 2007, June 1, 2008 and November 15, 2009, respectively. 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 89,286 RSUs on the Date of Grant.
- [F6]The RSUs represent the right to receive one share of the issuer's common stock for each vested RSU.
- [F7]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 0001481260
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 5:04 PM ET
- Size
- 22.0 KB