ALLEN THOMAS D 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed Apr 18, 2011
Insider Transaction Report
Form 4
ALLEN THOMAS D
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2011-04-16$7.05/sh−2,751$19,395→ 131,132 total
Footnotes (3)
- [F1]Ninety-Seven Thousand Five Hundred (97,500) restricted shares, subject to forfeiture, shall vest in equal quarterly installments on January 16, April 16, July 16, and October 16 of each year, beginning on July 16, 2011, such that the entire Ninety-Seven Thousand Five Hundred (97,500) shares of restricted stock will be vested as of July 16, 2014.
- [F2]Twenty Thousand (20,000) restricted shares, subject to to forfeiture, shall vest in their entirety, in one single installment, on January 19, 2012.
- [F3]Notwithstanding the foregoing, upon a change in control, the vesting of all restricted shares shall accelerate 100%.