Jean Robert Gregory 4
4 · NATCO GROUP INC · Filed Aug 21, 2009
Insider Transaction Report
Form 4
Jean Robert Gregory
Officer
Transactions
- Award
Stock option - right to buy
2009-08-19−11,210→ 11,210 totalExercise: $39.08Exp: 2016-08-19→ Common stock (11,210 underlying) - Award
Common stock - restricted stock
2009-08-19$39.08/sh−4,610$180,136→ 10,163 total
Footnotes (3)
- [F1]Restrictions on this grant of restricted stock lapse (a) as to all of the shares on August 19, 2012, provided that the recipient has continuously served as an employee from the date of the award until such date or, (b) if earlier, pursuant to the 2006 stock incentive plan or upon occurrence of a Corporate Change as defined in such plan, provided, in either case, that the recipient has been continuously employed by the Company or a subsidiary on such date or the date of such Corporate Change. For purposes of this award, Corporate Change does not include the consummation of the merger between the Company and a subsidiary of Cameron Internaitonal Corporation. The shares are subject to forfeiture upon termination of employment prior to the time the restrictions lapse.
- [F2]Direct ownership includes an aggregate of 9,180 shares of restricted stock subject to potential forfeiture.
- [F3]Stock options vest in 1/3 increments on the first, second and third anniversaries of the date of grant, subject to continued employment by the Company or a subsidiary on the applicable date. The first third will vest on August 19, 2010.