Boyd William Arnold 4
4 · BROADCAST INTERNATIONAL INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
Boyd William Arnold
Director
Transactions
- Award
Restricted Stock Units
2011-01-31+250,000→ 300,000 totalFrom: 2011-01-31→ common stock (250,000 underlying)
Footnotes (3)
- [F1]The restricted stock units were awarded under the Company's 2008 Equity Incentive Plan as director compensation. No options, restricted stock units or other equity compensation was awarded to Mr. Boyd for his service as a director for the year ended December 31, 2009.
- [F2]Each restricted 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 service as a director of the Company.