SERRANO DAVID C 4
4 · INTERLINE BRANDS, INC./DE · Filed Mar 2, 2012
Insider Transaction Report
Form 4
SERRANO DAVID C
Chief Accounting Officer
Transactions
- Award
Restricted Share Units
2012-02-29+2,432→ 2,432 total→ Common Stock (2,432 underlying) - Award
Restricted Share Units
2012-02-29+3,040→ 3,040 total→ Common Stock (3,040 underlying)
Footnotes (3)
- [F1]Each restricted share unit ("RSU") represents a right to receive one share of the Company's common stock.
- [F2]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.
- [F3]RSUs vest in 50% increments on each of the second and third anniversaries of the date of grant, contingent upon the executive's continued employment with the Company.