AEROPOSTALE INC 4
4 · AEROPOSTALE INC · Filed Mar 27, 2015
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2015-03-26+37,500→ 75,765 total→ Common Stock (37,500 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive one share of the Company's common stock upon vesting of the unit.
- [F2]One half of the restricted stock units are scheduled to vest on March 26, 2017 and the remaining one half of the restricted stock units are scheduled to vest on March 26, 2018, assuming continued employment through the applicable service period. Vested shares will be delivered to the reporting person within 30 days following the applicable vest date.
- [F3]Included in these shares are 38,265 restricted stock units which vest on April 10, 2015.