4//SEC Filing
Harris Charles J 4
Accession 0001179110-12-011278
CIK 0001496623other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 6:44 PM ET
Size
9.9 KB
Accession
0001179110-12-011278
Insider Transaction Report
Form 4
Harris Charles J
President
Transactions
- Exercise/Conversion
Restricted Stock (380,167)
2012-07-02−101,563→ 278,604 total - Tax Payment
Common Stock (180,829)
2012-07-02$9.50/sh−37,020$351,690→ 143,809 total - Exercise/Conversion
Common Stock (79,266)
2012-07-02+101,563→ 180,829 total
Holdings
- 704,041
Employee Stock Option (right to buy) (704,041)
→ Common Stock
Footnotes (2)
- [F1]Shares of restricted stock were granted on July 1, 2010 (406,250 shares) and February 9, 2012 (75,480 shares). The shares may not be sold or otherwise transferred until they vest. The shares will generally vest 25% per year on the four subsequent anniversaries of their date of grant if the holder remains the employee of the Company through the applicable vesting date. The vesting of the shares is subject to acceleration in the event of a change in control of the Company and, with respect to the award granted on February 9, 2012, in the event of the death or disability of the holder.
- [F2]Options were granted on July 1, 2010 (350,000 shares at $3.78 per share), February 16, 2011 (200,000 shares at $14.80 per share) and February 9, 2012 (154,041 shares at $8.75 per share). The options have a term of ten years from their date of grant. 25% of the options granted in 2011 and 2012 will vest on the four succeeding anniversary of their grant of date if the holder remains in the employ of the Company through the applicable vesting date (the option granted in 2010 will vest October 22, 2012). The vesting of the options in subject to acceleration in the event of a change in control of the Company.
Documents
Issuer
NetSpend Holdings, Inc.
CIK 0001496623
Entity typeother
Related Parties
1- filerCIK 0001338292
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 6:44 PM ET
- Size
- 9.9 KB