Chesnut Stephen J. 4
4 · OVERSTOCK.COM, INC · Filed Feb 6, 2012
Insider Transaction Report
Form 4
Chesnut Stephen J.
Senior Vice President, Finance
Transactions
- Exercise/Conversion
Common Stock
2012-02-02$6.90/sh+3,750$25,875→ 14,859 total - Tax Payment
Common Stock
2012-02-02$6.90/sh−1,337$9,225→ 13,522 total - Exercise/Conversion
Restricted Stock Units
2012-02-02−3,750→ 53,750 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 February 2, 2011, an additional 25% at the close of business on February 2, 2012, and the remaining 50% at the close of business on February 2, 2013. Vested shares will be delivered to the reporting person promptly after the restricted stock units vest.