4//SEC Filing
Pandzik Michael Lee 4
Accession 0001179110-10-009355
CIK 0000760326other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 9:09 PM ET
Size
8.0 KB
Accession
0001179110-10-009355
Insider Transaction Report
Form 4
Pandzik Michael Lee
Director
Transactions
- Award
Restricted Stock Units
2010-05-25+16,750→ 16,750 total→ Common Stock (16,750 underlying) - Tax Payment
Common Stock
2010-05-24$5.91/sh−2,968$17,541→ 20,769 total
Footnotes (4)
- [F1]9,891 shares vested on May 24, 2010. 2,968 of the vested shares were forfeited to the Company in lieu of withholding taxes.
- [F2]Each restricted stock unit represents the contingent right to receive one share of Common Stock.
- [F3]The reporting person received an award of 16,750 restricted stock units on May 25, 2010, which shall vest 100% on May 25, 2011, so long as the reporting person continued to serve on the Board of Directors during the prior year; provided, however, that upon a Change in Control (as defined in the Plan), the vesting of all restricted stock units shall accelerate, regardless of whether the aforementioned vesting requirements have been satisfied. Upon vesting, the vested units will automatically be converted to vested common stock on a one-for-one basis.
- [F4]Not applicable.
Documents
Issuer
OUTDOOR CHANNEL HOLDINGS INC
CIK 0000760326
Entity typeother
Related Parties
1- filerCIK 0001401853
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 9:09 PM ET
- Size
- 8.0 KB