Dailey Mark S 4
4 · UniTek Global Services, Inc. · Filed Jan 25, 2012
Insider Transaction Report
Form 4
Dailey Mark S
Director
Transactions
- Exercise/Conversion
Common Stock
2012-01-01+1,222→ 3,337 total - Exercise/Conversion
Common Stock
2012-01-03+2,643→ 5,980 total - Award
Restricted Stock Units (RSUs)
2012-01-03+10,573→ 15,578 total→ Common Stock (10,573 underlying)
Footnotes (4)
- [F1]The Common Stock represents the vesting of 20% of the RSUs granted to the reporting person on May 2, 2011.
- [F2]The Common Stock represents the 20% of the RSUs that were vested and paid on January 3, 2012.
- [F3]The Restricted Stock Units (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% (2,643 RSUs) were vested and paid on January 3, 2012 and are reported in Table I as Common Stock, and the remaining 80% (10,573 RSUs) shall vest and be paid in 20% increments on each of January 1, 2013, January 1, 2014, January 1, 2015 and January 1, 2016; provided that the reporting person remains in continuous employment or service with the issuer on each applicable vesting date.