Platform Specialty Products Corp 4
4 · Platform Specialty Products Corp · Filed Mar 25, 2016
Insider Transaction Report
Form 4
CORDANI JOHN L
VP - Legal and Secretary
Transactions
- Award
Restricted Stock Units
2016-03-25+6,289→ 6,289 total→ Common Stock (6,289 underlying) - Award
Stock Option (Right to Buy)
2016-03-25+12,255→ 12,255 totalExercise: $7.95→ Common Stock (12,255 underlying) - Award
Performance Stock Units
2016-03-25+12,579→ 12,579 total→ Common Stock (12,579 underlying)
Footnotes (3)
- [F1]Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock and will vest upon the achievements of certain performance levels based on (i) return on invested capital, as measured from January 1, 2016 to December 31, 2018, and (ii) annual compound total shareholder return, as measured from March 16, 2016 to March 15, 2019. The number of shares reported in column 7 may range from zero to a maximum number of 31,447 shares.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and will vest on March 15, 2019, subject to continuous service.
- [F3]1/3 of the option shares will vest annually on March 16 over the next three years, subject to continuous service as of each such date.