Burke Shad 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed Jan 20, 2010
Insider Transaction Report
Form 4
Burke Shad
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2010-01-15$5.25/sh−1,925$10,106→ 154,034 total
Footnotes (3)
- [F1]Fifty-Six Thousand Eight Hundred Seventy-Five (56,875) shares are restricted shares, subject to forfeiture, and shall vest in equal quarterly installments on January 15, April 15, July 15, and October 15 of each year, beginning on April 15, 2010, such that the entire Fifty-Six Thousand Eight Hundred Seventy-Five (56,875) shares of restricted stock will be vested as of April 15, 2013.
- [F2]Seventy Thousand (70,000) shares are restricted shares, subject to forfeiture, such that Twenty Thousand (20,000) shares shall vest on November 6, 2010, November 6, 2011, and November 6, 2012; and Ten Thousand (10,000) shares shall vest on November 6, 2013.
- [F3]Notwithstanding the foregoing, upon a change in control, the vesting of all restricted shares shall accelerate 100%.