Peterson Samuel J. 4
4 · OVERSTOCK.COM, INC · Filed Jan 24, 2012
Insider Transaction Report
Form 4
Peterson Samuel J.
SVP, Technology
Transactions
- Exercise/Conversion
Common stock
2012-01-22$6.95/sh+3,750$26,063→ 33,022 total - Tax Payment
Common stock
2012-01-22$6.95/sh−1,337$9,292→ 31,685 total - Exercise/Conversion
Restricted stock units
2012-01-22−3,750→ 22,500 total→ Common Stock (3,750 underlying)
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.