Home/Filings/4/0001179110-13-003345
4//SEC Filing

Harris Charles J 4

Accession 0001179110-13-003345

CIK 0001496623other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 4:19 PM ET

Size

9.7 KB

Accession

0001179110-13-003345

Insider Transaction Report

Form 4
Period: 2013-02-09
Transactions
  • Exercise/Conversion

    Restricted Stock (278,604)

    2013-02-0918,870259,734 total
  • Exercise/Conversion

    Common Stock (143,809)

    2013-02-09+18,870162,679 total
Holdings
  • Restricted Stock (130,208)

    130,208
  • Employee Stock Option (right to buy) (704,041)

    Common Stock
    704,041
Footnotes (3)
  • [F1]Shares of restricted stock were granted on July 1, 2010 (406,250 shares), 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 awards granted in 2012 in the event of the death or disability of the holder.
  • [F2]Shares of restricted stock were granted on October 29, 2012 (130,208). The shares shown may not be sold or otherwise transferred until they vest. The vesting of the shares is conditioned upon the Company's 2015 adjusted net income equalling or exceeding certain specified targets and the holder remaining in the employ of the Company through the applicable vesting date. The vesting of the shares is subject to acceleration in the event of any change in control of the Company.
  • [F3]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 is fully vested). The vesting of the options in subject to acceleration in the event of a change in control of the Company.

Issuer

NetSpend Holdings, Inc.

CIK 0001496623

Entity typeother

Related Parties

1
  • filerCIK 0001338292

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:19 PM ET
Size
9.7 KB