Platform Specialty Products Corp 4
4 · Platform Specialty Products Corp · Filed Apr 6, 2015
Insider Transaction Report
Form 4
CORDANI JOHN L
VP - Legal and Secretary
Transactions
- Award
Restricted Stock Units
2015-04-06+3,821→ 3,821 total→ Common Stock (3,821 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's common stock.
- [F2]These RSUs will vest on March 17, 2018 (the "Vesting Date"), if and only if (i) as to 50% of the RSUs, the Issuer's earnings per share ("EPS") for the year ended December 31, 2017 equals or exceeds a certain EPS target, and (ii) as to 50% of the RSUs, shares of the Issuer's common stock meets a certain volume weighted average price per share for a certain measurement period ending prior to the Vesting Date, in each case subject to adjustments by the Issuer's compensation committee. The RSUs may, in certain circumstances, become immediately vested as of the date of a change in control of the Issuer.