GALTON BRUCE C 4
4 · SENESCO TECHNOLOGIES INC · Filed Nov 25, 2009
Insider Transaction Report
Form 4
GALTON BRUCE C
Other
Transactions
- Disposition to Issuer
Common Stock
2009-11-23−125,000→ 106,980 total - Disposition to Issuer
Common Stock
2009-11-23−16,500→ 231,980 total
Footnotes (2)
- [F1]Represents restricted stock units that vested on 11-23-2009, upon the acheivement of certain short term performance milestones. The original grant was for 66,000 restricted stock units. The Company's Compensation Committee determined that the short term performance milestones had only been partially acheived. Therefore, only 49,500 of such restricted stock units vested on 11-23-2009.
- [F2]Represents restricted stock units that were granted under the Company's long-term incentive program. Since Mr. Galton resigned from the Company prior to the acheivement of the long-term performance milestones, such restricted stock units were forfeited by Mr. Galton.