Chesnut Stephen J. 4
4 · OVERSTOCK.COM, INC · Filed Jan 24, 2012
Insider Transaction Report
Form 4
Chesnut Stephen J.
Senior Vice President, Finance
Transactions
- Tax Payment
Common Stock
2012-01-22$6.95/sh−1,337$9,292→ 11,109 total - Exercise/Conversion
Restricted Stock Units
2012-01-22−3,750→ 22,500 total→ Common Stock (3,750 underlying) - Exercise/Conversion
Common Stock
2012-01-22$6.95/sh+3,750$26,063→ 12,446 total
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest as to 25% at the close of business on January 22, 2012, an additional 25% at the close of business on January 22, 2013, and the remaining 50% at the close of business on January 22, 2014. Vested shares will be delivered to the reporting person promptly after the restricted stock units vest.