NORTEK INC 4
4 · NORTEK INC · Filed Feb 25, 2015
Insider Transaction Report
Form 4
NORTEK INCNTK
LaGrand David J.
President and CEO
Transactions
- Award
Common
2015-02-24+1,949→ 34,490 total - Award
Employee Stock Option - right to buy
2015-02-24$80.84/sh+4,772$385,768→ 4,772 totalExercise: $80.84Exp: 2025-02-24→ Common (4,772 underlying)
Footnotes (2)
- [F1]Unvested restricted stock awarded under the 2009 Omnibus Incentive Plan for which the Reporting Person has dividend and voting rights. Any dividends held by the Company are forfeitable. Time-based restricted stock grant vests in one-third installments. One third vests on each anniversary date of the grant beginning on February 24, 2016.
- [F2]The option grant is exercisable in three equal annual installments. One-third becomes exercisable on each anniversary of the grant date beginning on February 24, 2016.