AEROPOSTALE INC 4
4 · AEROPOSTALE INC · Filed Feb 3, 2016
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2016-02-01+250,000→ 287,500 total→ Common Stock (250,000 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 February 1, 2017 and the remaining one half of the restricted stock units are scheduled to vest on February 1, 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 37,500 restricted stock units which vest on March 26, 2018.