SAVVIS, Inc. 4
4 · SAVVIS, Inc. · Filed Aug 31, 2005
Insider Transaction Report
Form 4
SAVVIS, Inc.SVVS
RACLIN GRIER C
EVP, Gen. Counsel, Secretary
Transactions
- Award
Restricted Stock Units
2005-08-29+1,500,000→ 1,500,000 total→ Common Stock (1,500,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit rrepresents the contingent right to receive one share of common stock.
- [F2]This award of restricted stock units will vest if the Company meets certain annual performance criteria as follows: one-third on March 1, 2007, if year 1 performance criteria is met; two-thirds on March 1, 2008, if year 2 performance criteria is met, regardless of whether year 1 performance criteria was met; 100% on March 1, 2009, if year 3 performance criteria is met, regardless of whether year 1 and year 2 performance criteria were met; or if the Company fails to meet the performance criteria, 100% will vest on August 29, 2009.