SWEDER KENNETH D 4
4 · INTERLINE BRANDS, INC./DE · Filed Mar 3, 2011
Insider Transaction Report
Form 4
SWEDER KENNETH D
EVP & Chief Operating Officer
Transactions
- Award
Restricted Share Units
2011-03-02+6,790→ 111,768 total→ Common Stock (6,790 underlying) - Award
Option (Right) to buy Common Stock
2011-03-02+35,105→ 188,509 totalExercise: $21.58Exp: 2018-03-02→ Common Stock (35,105 underlying)
Footnotes (3)
- [F1]Options shall vest and become exercisable in 25% increments on each of the first, second, third and fourth anniversaries of the date of grant, contingent upon the optionee's continued employment with the Company on the applicable vesting date or upon a change in control of the Company.
- [F2]Each restricted share unit ("RSU") represents a right to receive one share of the Company's common stock.
- [F3]RSUs vest in 50% increments on each of the second and third anniversaries of the date of grant, contingent upon the executive's continued employment with the Company on the applicable vesting date or upon a change in control of the Company.