SWEDER KENNETH D 4
4 · INTERLINE BRANDS, INC./DE · Filed Mar 2, 2012
Insider Transaction Report
Form 4
SWEDER KENNETH D
EVP & Chief Operating Officer
Transactions
- Award
Restricted Share Units
2012-02-29+18,239→ 18,239 total→ Common Stock (18,239 underlying) - Award
Option (Right) to buy Common Stock
2012-02-29+37,688→ 37,688 totalExercise: $20.56Exp: 2019-02-28→ Common Stock (37,688 underlying)
Footnotes (3)
- [F1]Options shall vest and become exercisable in 25% increments on each of the first, second, third and fourth anniversaries of the date of grant, contingent upon the optionee's continued employment with the Company on the applicable vesting date or upon a change in control of the Company.
- [F2]Each restricted share unit ("RSU") represents a right to receive one share of the Company's common stock.
- [F3]RSUs vest in 50% increments on each of the second and third anniversaries of the date of grant provided the Company's Compensation Committee of the Board of Directors certifies that the Company's pre-established performance targets for the year ended December 28, 2012 were attained, contingent upon the executive's continued employment with the Company.