Webb Drew H 4
4 · FARMER BROTHERS CO · Filed Dec 14, 2009
Insider Transaction Report
Form 4
Webb Drew H
EXECUTIVE V.P. & COO
Transactions
- Award
Common Stock
2009-12-10+3,458→ 7,265 total - Award
Stock option (Right to Buy)
2009-12-10+22,542→ 40,542 totalExercise: $18.41Exp: 2016-12-10→ Common Stock (22,542 underlying)
Footnotes (3)
- [F1]Grant of restricted stock under the 2007 Omnibus Plan; 100% of the shares will vest on December 10, 2012, subject to acceleration provisions of the 2007 Omnibus Plan and restricted stock agreement.
- [F2]Includes a total of 807 shares allocated as of the reporting date to the reporting person pursuant to the Employee Stock Ownership Plan.
- [F3]Grant of non-qualified stock option; the stock option vests pursuant to a three year vesting schedule, whereby one-third of the total number of shares issuable under the option becomes exercisable each year on the anniversary of the grant date, commencing on December 10, 2010, subject to acceleration provisions of the 2007 Omnibus Plan and stock option agreement.