Benowitz Richard 4
4 · BROADCAST INTERNATIONAL INC · Filed Feb 20, 2009
Insider Transaction Report
Form 4
Benowitz Richard
Director
Transactions
- Award
Restricted Stock Unit
2009-02-16$1.65/sh+25,000$41,250→ 216,667 total→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]No exercise price for RSU. At settlement shares of stock are issuable without any payment.
- [F2]RSU is settled on the date of the director's retirement from the Board
- [F3]There is no expiration date for the RSU.