Romenesko Stuart R 4
4 · GLOBAL TRAFFIC NETWORK, INC. · Filed Mar 3, 2011
Insider Transaction Report
Form 4
Romenesko Stuart R
Director
Transactions
- Award
Common stock
2011-03-01+10,000→ 70,000 total
Holdings
- 50,000
Stock Option (right to buy)
Exercise: $4.10Exp: 2017-02-14→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Grant of restricted stock. Restrictions lapse as to 3,334 shares on March 1, 2012 and as to 3,333 shares on each of March 1, 2013 and March 1, 2014.
- [F2]In addition to the current grant, includes prior grants of restricted stock, with restrictions that lapsed as to 6,667 shares on February 20, 2009 and February 20, 2010 and with respect to 6,666 shares on February 20, 2011; and restrictions that lapsed as to 6,667 shares on February 26, 2010 and with respect to 6,667 shares on February 26, 2011, and will lapse with respect to 6,666 shares on February 26, 2012; and restrictions that will lapse as to 6,667 shares on each of March 3, 2011 and March 3, 2012, and as to 6,666 shares on March 3, 2013.
- [F3]16,666 shares vest on 2/14/08; 16,667 shares vest on each of 2/14/09 and 2/14/10.