ZANCA DAVID G 4
4 · INTERLINE BRANDS, INC./DE · Filed Oct 7, 2011
Insider Transaction Report
Form 4
ZANCA DAVID G
Director
Transactions
- Award
Deferred Unit of Common Stock
2011-10-05+5,000→ 5,000 total→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Each deferred stock unit ("DSU") represents the Company's obligation to transfer one share of common stock, $.01 par value per share, in accordance with the terms of the DSU agreement pursuant to which the DSUs were granted.
- [F2]These DSUs are being granted under the Company's 2004 Equity Incentive Plan (the "Plan") and shall vest as follows: (i) 1,667 on the first anniversary of the Grant Date; (ii) 1,667 on the second anniversary of the Grant Date; and (iii) 1,666 on the third anniversary of the Grant Date. Vested DSUs shall settle one year following the grantee's departure from the Company's Board of Directors. Vested and unvested DSUs shall settle upon a change in control, as defined in the Plan.