DALVI AJIT M 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed May 25, 2012
Insider Transaction Report
Form 4
DALVI AJIT M
Director
Transactions
- Tax Payment
Common Stock
2012-05-24$6.40/sh−5,478$35,059→ 44,219 total - Exercise/Conversion
Common Stock
2012-05-24+17,668→ 49,697 total - Exercise/Conversion
Restricted Stock Units
2012-05-24−17,668→ 0 total→ Common Stock (17,668 underlying)
Footnotes (5)
- [F1]Represents the issuance of shares of Common Stock upon the settlement of the Restricted Stock Units that vested on May 24, 2012.
- [F2]5,478 shares of the shares issued upon the vesting of the 17,668 Restricted Stock Units were forfeited to the Company in lieu of withholding taxes.
- [F3]Each restricted stock unit represents the contingent right to receive one share of Common Stock.
- [F4]The reporting person received an award of 17,668 restricted stock units on May 24, 2011 which vested on May 24, 2012 and were settled by issuing one share of common stock per unit.
- [F5]Not applicable.