BENCHMARK ELECTRONICS INC 4
4 · BENCHMARK ELECTRONICS INC · Filed Feb 14, 2014
Insider Transaction Report
Form 4
Barrow Kenneth S
General Counsel
Transactions
- Award
Common Stock
2014-02-13+5,832→ 39,026 total - Exercise/Conversion
Stock Option (right to buy)
2014-02-13$22.99/sh−11,116$255,557→ 11,116 totalExercise: $22.99Exp: 2024-02-13→ Common Stock (11,116 underlying) - Award
Restricted Stock Unit
2014-02-13+5,832→ 5,832 totalExercise: $0.00→ Common Stock (5,832 underlying)
Footnotes (3)
- [F1]These shares are represented by a restricted stock unit award. All awards represent a contingent right to receive one common share of Benchmark Electronics, Inc. and vest equally in annual installments over a four year period from the grant date.
- [F2]The options are exercisable as to (i) 2,779 shares on February 13, 2015,(ii) 2,779 shares on February 13, 2016, (iii) 2,779 shares on February 13, 2017,and (iii) the remaining 2,779 shares on February 13, 2018.
- [F3]This reflects the target number of performance based restricted stock unit awarded. Actual awards may vary from as low as zero to as high as three times target numbers. As soon as reasonable practicable following the end of the Performance Period (beginning on January 1 2014 and ending on December 31, 2017)and in no event later than March 15, 2018, the number of restricted stock units that will ultimately be earned will be determined and issued.