Drysdale Ian 4
4 · HEARTLAND PAYMENT SYSTEMS INC · Filed Jul 24, 2012
Insider Transaction Report
Form 4
Drysdale Ian
President-Network Solutions
Transactions
- Award
Restricted Stock Units
2012-07-20+35,847→ 35,847 total→ Common Stock (35,847 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Heartland Payment Systems, Inc.'s (the "Issuer") common stock.
- [F2]The restricted stock units vest over four years beginning July 20, 2013. 8,961 restricted stock units vest on July 20, 2013, 8,962 restricted stock units vest on July 20, 2014, 8,962 restricted stock units vest on July 20, 2015 and the remaining 8,962 restricted stock units vest on July 20, 2016. Shares of the Issuer's common stock will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.