SERRANO DAVID C 4
4 · INTERLINE BRANDS, INC./DE · Filed Mar 3, 2011
Insider Transaction Report
Form 4
SERRANO DAVID C
Chief Accounting Officer
Transactions
- Award
Option (Right) to buy Common Stock
2011-03-02+4,187→ 31,592 totalExercise: $21.58Exp: 2018-03-02→ Common Stock (4,187 underlying) - Award
Restricted Share Units
2011-03-02+3,012→ 12,045 total→ Common Stock (3,012 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.