VIELLIEU KENNETH A 4
4 · SOLERA HOLDINGS, INC · Filed Nov 12, 2009
Insider Transaction Report
Form 4
VIELLIEU KENNETH A
Director
Transactions
- Award
Common Stock, par value $0.01
2009-11-11$0.01/sh+4,177$42→ 14,302 total
Footnotes (2)
- [F1]Represents 4,177 restricted stock units of the reporting person, which are subject to vesting. Upon vesting, the reporting person shall be entitled to receive a number of shares of common stock equal to the number of restricted stock units then vesting. An amount equal to 25% of the total grant will vest on each of March 31, 2009, June 30, 2009, September 30, 2009 and the earlier of the date that immediately precedes the date of the 2010 annual meeting of the stockholders of the issuer and December 31, 2010, in each case subject to the reporting person's continued services to the issuer.
- [F2]Shares in respect of vested restricted stock units will be delivered to the reporting person upon the earliest of: (a) November 11, 2014; (b) the date upon which the reporting person ceases to be a director of the issuer, but only to the extent such cessation of services constitutes a "separation from service" with the issuer as defined in Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"); and (c) the date of the consummation of a Change in Control (as defined in the 2008 Solera Holdings, Inc. Omnibus Incentive Plan), but only to the extent such Change in Control constitutes a "change in control event" (as defined in Treasury Regulations Section 1.409A-3(i)(5)) of the issuer.