Langston Douglas J 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed Dec 28, 2012
Insider Transaction Report
Form 4
Langston Douglas J
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2012-12-27$7.54/sh−1,834$13,828→ 54,198 total
Footnotes (2)
- [F1]Six Thousand Two Hundred Fifty (6,250) shares shall vest on March 10, 2013 and, notwithstanding the foregoing, in the event participant is involuntarily terminated by the successor corporation in connection with, or within twelve (12) months following consummation of, a change in control, then the vesting of such shares shall accelerate and become fully vested at the time of termination.
- [F2]Twelve Thousand Five Hundred (12,500) shares are restricted shares, subject to forfeiture, and shall vest as follows: (i) Six Thousand Two Hundred Fifty (6,250) shares shall vest on May 24 of each year, beginning in 2013, until fully vested; and (ii) notwithstanding the foregoing, in the event participant is involuntarily terminated by the successor corporation in connection with, or within twelve (12) months following consummation of, a change in control, then the vesting of such shares shall accelerate and become fully vested at the time of termination.