Berkman Tony 4
4 · INVESTMENT TECHNOLOGY GROUP INC · Filed Feb 27, 2012
Insider Transaction Report
Form 4
Berkman Tony
Man. Director, CEO of ITGIR
Transactions
- Award
Common Stock
2012-02-23+14,551→ 150,486 total - Award
Common Stock
2012-02-23+14,551→ 135,935 total - Tax Payment
Common Stock
2012-02-23$11.34/sh−719$8,153→ 149,767 total
Footnotes (2)
- [F1]Grant of Stock Units in a transaction exempt under Rule 16b-3(d). This grant of Stock Units consists of basic units and matching units. Basic units vest in equal annual installments on each of the first, second and third anniversaries of the date of grant, if the Reporting Person remains continuously employed by the Issuer on each applicable vesting date. Matching units will vest 100% on the third anniversary of the date of grant, if the Reporting Person remains continuously employed by the Issuer through such vesting date.
- [F2]Grant of Stock Units in a transaction exempt under Rule 16b-3(d). This grant of Stock Units consists of basic units and matching units. Basic units vest in equal annual installments on each of the second, third and fourth anniversaries of the date of grant if the Reporting Person remains continuously employed by the Issuer on each applicable vesting date and the 90-day average of the Issuer's common stock price on each of the vesting dates is higher than the 90-day average of the Issuer's common stock price on the date of grant. Matching units will vest 100% on the fourth anniversary of the date of grant if the Reporting Person remains continuously employed by the Issuer through such vesting date and the 90-day average of the Issuer's common stock price on such vesting date is higher than the 90-day average of the Issuer's common stock price on the date of grant.