BOOKER DAVID A 4
4 · LEARNING TREE INTERNATIONAL INC · Filed Jan 15, 2009
Insider Transaction Report
Form 4
BOOKER DAVID A
Chief Operating Officer
Transactions
- Award
Employee Stock Option (right to buy)
2008-10-24$10.61/sh+23,753$252,019→ 23,753 totalExercise: $10.61From: 2009-12-31Exp: 2013-12-15→ Common Stock (23,753 underlying)
Holdings
- 10,000
Employee Stock Option (right to buy)
Exercise: $13.02From: 2005-10-01Exp: 2009-09-30→ Common Stock (10,000 underlying) - 4,931
Employee Stock Option (right to buy)
Exercise: $20.70From: 2008-12-31Exp: 2012-12-15→ Common Stock (4,931 underlying)
Footnotes (4)
- [F1]Grant of non-qualified stock option pursuant to 2007 Equity Incentive Plan. The Reporting Person may earn all or a percentage of the options based on achievement of incentive targets related to operating results of issuer reported for fiscal year 2009. Any earned options will vest thirty-three and one-third percent (33.33%) on December 31 of 2009, 2010,and 2011.
- [F2]The maximum number of shares that can vest under this option, subject to achievement of incentive targets related to issuer's operating results reported for fiscal year 2009, and vesting.
- [F3]Pursuant to issuer's 2007 Equity Incentive Plan, the Reporting Person was granted employee stock options (right to buy) for a maximum of 14,475 shares of issuer's common stock subject to achievement of targets for isuer's operating income reported for fiscal year 2008. The Reporting Person earned options to purchase 4,931 shares. Such options vest thirty-three and one-third percent (33.33%) on December 31 of 2008, 2009 and 2010.
- [F4]Options are fully vested.