FLOYD STEVEN M 4/A
4/A · AMERICREDIT CORP · Filed Jun 5, 2006
Insider Transaction Report
Form 4/AAmended
FLOYD STEVEN M
EVP, Chief Operating Officer
Transactions
- Award
Restricted Stjock Units
2006-05-31−52,000→ 52,000 totalExp: 2011-05-31→ Common Stock (52,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents contingent right to receive one share of ACF common stock.
- [F2]The restricted stock units (RSUs) are performanced-based and will vest in three equal installments following the close of ACF's 2007, 2008 and 2009 fiscal years. For each fiscal year, three levels of performance goals have been set and the actual number of RSUs that vest for each fiscal year will depend on which level of performance goal is attained, if any. RSUs that do not vest will be forfeited. Vested RSUs are distributable in shares of Common Stock only, at the earlier to occur of (i) five years following the grant date, or (ii) the grantee's death, disability or termination of employment, or (iii) a change of control event.