CLAYTON HOLDINGS INC 4
4 · CLAYTON HOLDINGS INC · Filed Apr 29, 2008
Insider Transaction Report
Form 4
Skelly Thomas J
Director
Transactions
- Award
Deferred Stock Units
2008-04-25+467→ 467 total→ Common Stock (467 underlying)
Footnotes (2)
- [F1]Reports the number of deferred stock units granted and credited to the account of Mr. Skelly on April 25, 2008 pursuant to the Clayton Holdings, Inc. 2006 Stock Option and Incentive Plan. Each deferred stock unit is the economic equivalent of one share of common stock.
- [F2]These deferred stock units shall be fully vested on the date of the next annual meeting of stockholders, subject to service on the Company's board of directors on such date. These deferred stock units will be paid out in the form of shares of common stock upon Mr. Skelly's retirement or other termination of service as a director of the Company.