Butler Randy E. 4
4 · FORTUNE INDUSTRIES, INC. · Filed Feb 23, 2012
Insider Transaction Report
Form 4
Butler Randy E.
Chief Financial Officer
Transactions
- Award
Common Stock
2012-02-20+5,000→ 30,000 total
Holdings
- 15,000
Common Stock
Footnotes (3)
- [F1]The issuer vested 5,000 of the 20,000 restricted shares of Company Common Stock previously issued to the Reporting Person pursuant to the terms of his Employment Agreement.
- [F2]Vesting of a previously-reported restricted share grant. No consideration paid.
- [F3]The issuer previously awarded 20,000 restricted shares of Company Common Stock pursuant to an Employment Agreement with the Reporting Person. The shares will only vest if certain financial criteria are achieved by the Company prior to the expiration of the Agreement. The shares will be forfeited if the financial criteria are not achieved. As of the date of this filing, a total of 5,000 of the 20,000 restricted shares have vested, including the shares reported on this Form 4.