Pandzik Michael Lee 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed Jun 16, 2009
Insider Transaction Report
Form 4
Pandzik Michael Lee
Director
Transactions
- Tax Payment
Common Stock
2009-06-13$6.37/sh−2,968$18,906→ 23,737 total
Footnotes (1)
- [F1]9,891 shares vested on June 13, 2009. 2,968 of the vested shares were forfeited to the Company in lieu of withholding taxes. Such shares include 9,891 shares which are restricted shares, subject to forfeiture, and shall vest on the earlier of: (a) June 13, 2010; or (b) the day before the annual stockholder meeting of Outdoor Channel Holdings, Inc. in 2010. Notwithstanding the foregoing, upon a change in control, the vesting of all shares shall accelerate 100%.