LAY TERRY L 4
4 · SCHOOL SPECIALTY INC · Filed Jun 24, 2009
Insider Transaction Report
Form 4
LAY TERRY L
Director
Transactions
- Award
Common Stock
2009-06-22+1,200→ 3,800 total - Award
Non-Qualified Stock Option (right to buy)
2009-06-22$20.31/sh+3,700$75,147→ 3,700 totalExercise: $20.31From: 2010-06-22Exp: 2019-06-22→ Common Stock (3,700 underlying)
Footnotes (2)
- [F1]Represents a grant of non=vested stock units that vest one year from date of grant.
- [F2]Shares vest as follows: 20% on 1st anniversary of grant, 30% on 2nd anniversary of grant and 50% on 3rd anniversary of grant.