AMERICREDIT CORP 4
4 · AMERICREDIT CORP · Filed Jun 7, 2007
Insider Transaction Report
Form 4
FLOYD STEVEN M
EVP, Chief Operating Officer
Transactions
- Award
Restricted Stock Units
2007-06-05−60,500→ 60,500 totalExp: 2012-05-01→ Common Stock (60,500 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 2008, 2009, 2010 fiscal years. For each fiscal year, three levels of performance goals have been set and actual number of RSUs that vest for each fiscal year will depend on which level of performance goal is attained, if any. RSU's 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.