4//SEC Filing
COLONNETTA JOSEPH 4
Accession 0001144204-11-040547
CIK 0000826773other
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 2:47 PM ET
Size
9.4 KB
Accession
0001144204-11-040547
Insider Transaction Report
Form 4
COLONNETTA JOSEPH
Director
Transactions
- Exercise/Conversion
Common Stock
2011-05-02+1,222→ 1,222 total - Award
Restricted Stock Units (RSUs)
2011-05-02+4,888→ 4,888 total→ Common Stock (4,888 underlying)
Holdings
- 4,521,264(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]The Common Stock represents the 20% of the Restricted Stock Units (RSUs) that were vested and paid on May 2, 2011.
- [F2]The reporting person holds a direct or indirect interest in Sector Performance Fund, LP, HM Unitek Coinvest, LP, and SPF SBS LP (the "Investment Funds"), which beneficially own an aggregate of 4,521,264 shares of Common Stock. Mr. Colonnetta is an executive officer and member of Ultimate GP. Mr. Colonnetta is a member of a six-person committee (consisting of Mr. Colonnetta, Robert Sperry, Jason H. Downie, Edward Herring, John R. Muse and Andrew Rosen) that exercises, on behalf of Ultimate GP, voting and dispositive powers over the securities held by the Investment Funds. No single member of the committee has sole dispositive and/or voting power over the securities held by the Investment Funds. Mr. Colonnetta may be deemed to beneficially own all or a portion of the shares of Common Stock beneficially owned by the Investment Funds; however, Mr. Colonnetta disclaims beneficial ownership of the shares of Common Stock, except to the extent of any pecuniary interest therein.
- [F3]The RSUs represent the right to receive one share of the issuer's common stock for each vested RSU.
- [F4]The RSUs were awarded as a portion of the annual compensation of non-employee members of the Board of Directors of the issuer under the Berliner Communications, Inc. 2009 Omnibus Equity and Incentive Compensation Plan. The RSUs will vest in accordance with the following schedule: 20% (1,222 RSUs) were vested and paid on May 2, 2011 and are reported in Table I as Common Stock, and the remaining 80% (4,888 RSUs) shall vest and be paid in 20% increments on each of January 1, 2012, January 1, 2013, January 1, 2014 and January 1, 2015; 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 0001252040
Filing Metadata
- Form type
- 4
- Filed
- Jul 13, 8:00 PM ET
- Accepted
- Jul 14, 2:47 PM ET
- Size
- 9.4 KB