TIEDE RODNEY M 4
4 · BROADCAST INTERNATIONAL INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
TIEDE RODNEY M
DirectorPresident
Transactions
- Award
Restricted Stock Units
2011-01-31+500,000→ 500,000 totalFrom: 2011-01-31→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]The resticted stock units were awarded under the Comany's 2008 Equity Incentive Plan as executive compensation. No options, resticted stock units or other equity compensation was awarded to Mr. Tiede for his services as an executive officer for the years ended December 31, 2008 and December 31, 2009.
- [F2]Each resticted stock unit represents a continent right to receive one share of the Company's common stock.
- [F3]Shares of common stock are deliverable upon the termination of the reporting person's employment with the Company.