Woods Gregory M 4
4 · FIRST MARBLEHEAD CORP · Filed Aug 16, 2010
Insider Transaction Report
Form 4
Woods Gregory M
Managing Director
Transactions
- Exercise/Conversion
Common Stock
2010-08-14+717→ 60,834 total - Exercise/Conversion
Restricted Stock Units
2010-08-14−717→ 1,432 total→ Common Stock (717 underlying) - Exercise/Conversion
Common Stock
2010-08-15+1,406→ 62,240 total - Exercise/Conversion
Restricted Stock Units
2010-08-15−1,406→ 0 total→ Common Stock (1,406 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 717 restricted stock units vested on August 14, 2010. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 1,406 restricted stock units vested on August 15, 2010. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
- [F3]On August 14, 2007, the reporting person was granted 2,865 restricted stock units, vesting in four equal annual installments beginning on August 14, 2009, the second anniversary of the date of the grant.
- [F4]Following vesting of the 717 restricted stock units reported hereby, the remaining 1,432 restricted stock units will vest in two equal annual installments ending on August 14, 2012.
- [F5]On August 15, 2006, the reporting person was granted 5,625 restricted stock units, vesting in four equal annual installments beginning on August 15, 2007, the first anniversary of the date of the grant.