MCDONALD JOHN M 4
4 · INTERLINE BRANDS, INC./DE · Filed Mar 2, 2012
Insider Transaction Report
Form 4
MCDONALD JOHN M
Senior Vice President, Sales
Transactions
- Award
Option (Right) to buy Common Stock
2012-02-29+22,927→ 22,927 totalExercise: $20.56Exp: 2019-02-28→ Common Stock (22,927 underlying) - Award
Restricted Share Units
2012-02-29+11,096→ 11,096 total→ Common Stock (11,096 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.