4//SEC Filing
HAEGER JAMES M 4
Accession 0001181431-09-024394
CIK 0001046131other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:58 PM ET
Size
15.2 KB
Accession
0001181431-09-024394
Insider Transaction Report
Form 4
MIDAS INCMDS
HAEGER JAMES M
Vice President & Controller
Transactions
- Tax Payment
Common Stock, $0.001 par value
2009-05-08$11.16/sh−131$1,462→ 17,428 total - Award
Common Stock, $0.001 par value
2009-05-12+2,500→ 23,554 total - Tax Payment
Common Stock, $0.001 par value
2009-05-09$11.16/sh−327$3,649→ 17,101 total - Tax Payment
Common Stock, $0.001 par value
2009-05-10$11.16/sh−654$7,299→ 16,447 total - Tax Payment
Common Stock, $0.001 par value
2009-05-11$10.15/sh−393$3,989→ 16,054 total - Award
Common Stock, $0.001 par value
2009-05-12+5,000→ 21,054 total - Award
Option to Purchase Common Stock
2009-05-12+7,000→ 7,000 totalExercise: $9.87From: 2010-05-12Exp: 2019-05-12→ Common Stock (7,000 underlying)
Footnotes (3)
- [F1]These shares vest in four equal annual installments commencing on the first anniversary of the grant date.
- [F2]Between 10% and 50% of all shares granted shall immediately vest on each anniversary of the grant date ("Anniversary") if, during any applicable measurement period, the Company's Compound Annual Growth Rate of adjusted cash flow per share ("CAGR") exceeds 2%. There shall be three measurement periods, each represented by the 12-month period ending on the last day of the 1st fiscal quarter for each of 2010, 2011 and 2012. The number of shares, if any, that will vest on each Anniversary will be determined based on the CAGR during the most recent measurement period. If the CAGR during said measurement period is 2%, then 10% of the shares granted shall vest. An additional 5% of the shares granted shall vest for each 1% that the CAGR during said measurement period exceeds the 2% minimum; provided, that the maximum number of shares that may vest on any Anniversary shall be 50% of the shares granted. Any shares unvested after the 3rd Anniversary shall lapse.
- [F3]These options vest in four equal annual installments commencing on the first anniversary of the grant date.
Documents
Issuer
MIDAS INC
CIK 0001046131
Entity typeother
Related Parties
1- filerCIK 0001184305
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:58 PM ET
- Size
- 15.2 KB