Cassagne Gilbert M. 4
4 · REDDY ICE HOLDINGS INC · Filed Jan 5, 2011
Insider Transaction Report
Form 4
Cassagne Gilbert M.
DirectorCEO & President
Transactions
- Award
Common Stock
2011-01-01+85,000→ 516,280 total - Award
Stock Option (Right to Buy)
2011-01-01+135,000→ 135,000 totalExercise: $2.75Exp: 2018-01-01→ Common Stock (135,000 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted shares of the Issuer's common stock, which will vest in 3 equal portions on January 1, 2012, 2013 and 2014. Unvested restricted shares are subject to forfeiture if the Reporting Person terminates his employment with the Issuer, subject to the exceptions set forth in the Restricted Stock Agreement between the Issuer and the Reporting Person dated January 1, 2011.
- [F2]The options have an exercise price of $2.75 (the closing market value of the Issuer's common stock on December 31, 2010, the last trading day on or prior to the date of grant).
- [F3]The options vest in three equal annual installments on January 1, 2012, 2013 and 2014. Unvested options are subject to forfeiture if the Reporting Person terminates his employment with the Issuer, subject to the exceptions set forth in the Non-Qualified Stock Option Agreement between the Issuer and the Reporting Person dated January 1, 2011.