Werner Roger 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed Jul 3, 2012
Insider Transaction Report
Form 4
Werner Roger
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2012-06-30$7.31/sh−4,725$34,540→ 327,479 total
Footnotes (2)
- [F1]Thirty Thousand (30,000) restricted shares shall vest in equal quarterly installments of 15,000 shares each, beginning on September 30, 2012, such that the entire Thirty Thousand (30,000) shares of restricted stock will be vested as of December 31, 2012.
- [F2]Notwithstanding the foregoing, upon a change in control, all restricted shares shall become fully vested. In addition, if Mr. Werner's employment is terminated at any time without cause or he resigns for good reason, 50% of the then unvested restricted shares shall become fully vested.