SPAGNOLO MARK F 4
4 · BROADCAST INTERNATIONAL INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
SPAGNOLO MARK F
Director
Transactions
- Award
Restricted Stock Units
2011-01-31+100,000→ 200,000 totalFrom: 2011-01-31→ common stock (100,000 underlying)
Footnotes (3)
- [F1]The restricted stock units were awarded under the Company's 2008 Equity Incentive Plan as director compensation.
- [F2]Each restricted stock unit represents a contingent 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.