BRODSKY PETER S 4
4 · LIN TV CORP. · Filed Dec 10, 2012
Insider Transaction Report
Form 4
LIN TV CORP.TVL
BRODSKY PETER S
Director
Transactions
- Award
Class A Common Stock (Restricted Shares)
2012-12-06+8,100→ 78,972 total - Award
Class A Common Stock Options
2012-12-06+8,300→ 154,000 totalExercise: $6.61From: 2013-12-06Exp: 2022-12-06→ Class A Common Stock (8,300 underlying)
Footnotes (3)
- [F1]Restricted shares were awarded pursuant to the amended and restated 2002 Non-Employee Director Stock Plan. The shares are subject to forfeiture and are non-transferable until vested. The shares vest in three (3) annual installments from the date of grant. Twenty five percent (25%) of the shares vest upon the first and second anniversary, the remaining fifty percent (50%) vests on the third anniversary of the date of grant.
- [F2]This number includes 46,014 restricted shares awarded pursuant to the amended and restated 2002 Non-Employee Director Stock Plan. These shares remain subject to forfeiture and are nontransferable until vested. The shares vest over either three (3), four (4) or five (5) years from the date of grant.
- [F3]The options vest in (3) annual installments from the date of grant. Twenty five percent (25%) of the shares vest upon the first and second anniversary, the remaining fifty percent (50%) vests on the third anniversary of the date of grant.