Sawyer Drew T 4
4 · INTERLINE BRANDS, INC./DE · Filed May 8, 2009
Insider Transaction Report
Form 4
Sawyer Drew T
Director
Transactions
- Award
Deferred Stock Unit of Common Stock
2009-05-07+3,750→ 7,500 total→ Common Stock (3,750 underlying) - Award
Option (right) to buy Common Stock
2009-05-07+7,500→ 7,500 totalExercise: $14.77Exp: 2019-05-07→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]Options shall vest and become exercisable as to 100% of the Option Shares underlying the Options on the first anniversary of the date of grant.
- [F2]Each deferred stock unit ("DSU") represents the Company's obligation to transfer one share of common stock, $.01 par value per share, in accordance with the terms of the deferred stock unit agreement pursuant to which the DSUs were granted.
- [F3]These DSUs are being granted under the Company's 2004 Equity Incentive Plan (the "Plan") and shall settle upon the earlier of a change in control, as defined in the Plan, or one year following the grantee's departure from the Company's Board of Directors.