OWEN WILLIAM A 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed Jun 8, 2006
Insider Transaction Report
Form 4
OWEN WILLIAM A
Chief Financial Officer
Transactions
- Award
Common Stock
2006-06-03+500→ 500 total - Award
Stock Option (Right to Buy)
2006-06-03+10,000→ 10,000 totalExercise: $12.58Exp: 2011-06-03→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Shares awarded are restricted shares, subject to forfeiture, and shall vest as follows: twenty percent (20%) shall vest on June 3, 2007, twenty percent (20%) shall vest on June 3, 2008, and remaining sixty percent (60%) shall vest on June 3, 2009. Notwithstanding the foregoing, upon a change in control, the vesting of all shares shall accelerate 100%.
- [F2]The option vests, and become exercisable, as follows: (i) 2,500 issuable shares shall vest on June 3, 2007, 2008, 2009 and 2010; and (ii) notwithstanding the foregoing, upon a change in control, the vesting of all shares issuable shall accelerate 100%.