Lochhead Scott 4
4 · UniTek Global Services, Inc. · Filed Aug 14, 2012
Insider Transaction Report
Form 4
Lochhead Scott
CEO, Advanced Comm., LLC
Transactions
- Award
Common Stock
2012-07-01+10,715→ 29,760 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2012-07-01−5,357→ 10,715 total→ Common Stock (5,357 underlying) - Exercise/Conversion
Common Stock
2012-07-01+5,357→ 19,045 total - Tax Payment
Common Stock
2012-07-01$2.51/sh−2,487$6,242→ 27,273 total - Disposition to Issuer
Restricted Stock Units (RSUs)
2012-07-01−10,715→ 0 total→ Common Stock (10,714 underlying)
Footnotes (2)
- [F1]Represents the vesting of 20% of the 26,786 Restricted Stock Units (RSUs) granted to the reporting person on January 10, 2011 (the "Date of Grant") on July 1, 2012.
- [F2]Consists of Restricted Stock Units (RSUs), representing the right to receive one share of the issuer's common stock for each vested RSU, that were awarded on the Date of Grant under the Berliner Communications, Inc. 2009 Omnibus Equity and Incentive Compensation Plan. The vesting schedule of these RSUs is as follows: 20% of the 26,786 RSUs awarded to the reporting person on the Date of Grant were vested on the Date of Grant; 20% vested on July 1, 2011; 20% vested on July 1, 2012; 20% shall vest on each of 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. Such RSUs were previously reported in Table II and are now being reported in Table I.