Home/Filings/4/0001181431-10-005483
4//SEC Filing

Waldron Charles R 4

Accession 0001181431-10-005483

CIK 0001002037other

Filed

Jan 28, 7:00 PM ET

Accepted

Jan 29, 9:41 PM ET

Size

14.8 KB

Accession

0001181431-10-005483

Insider Transaction Report

Form 4
Period: 2009-11-02
Waldron Charles R
Chief Financial Officer
Transactions
  • Tax Payment

    Common Stock

    2009-12-31$11.94/sh85$1,0156,375 total
  • Award

    Common Stock

    2009-11-02+1,4266,920 total
  • Disposition to Issuer

    Common Stock

    2010-01-064,7051,670 total
  • Award

    Restricted Stock Units

    2009-11-02+4,3754,375 total
    Common Stock (4,375 underlying)
  • Tax Payment

    Common Stock

    2009-11-02$10.52/sh460$4,8396,460 total
Holdings
  • Employee Stock Options (right to buy)

    Exercise: $20.70From: 2008-12-31Exp: 2012-12-15Common Stock (2,884 underlying)
    2,884
  • Employee Stock Options (right to buy)

    Exercise: $10.22From: 2009-12-31Exp: 2013-12-15Common Stock (50,000 underlying)
    50,000
Footnotes (5)
  • [F1]Grant of common stock pursuant to Issuer's 2007 Equity Incentive Plan.
  • [F2]Surrender of vested shares to fulfill tax withholding obligations.
  • [F3]Forfeiture, in accordance with terms of grant, of restricted common stock granted October 24, 2008 pursuant to Issuer's 2007 Equity Incentive Plan.
  • [F4]Grant of restricted stock units ("RS Units") pursuant to Issuer's 2007 Equity Incentive Plan. Each RS Unit represents a right to receive one share of Issuer's common stock provided Reporting Person has been continuously employeed by Issuer as of the date of vesting. RS Units vest one-third on each of the first three anniversaries of the grant date. The Reporting Person will have no right to receive any shares of common stock under this grant (i) if Issuer does not report an operating profit for its 2010 fiscal year or (ii) with respect to any issuance scheduled to occur after he ceases to be an employee of Issuer (whether voluntarily or involuntarily). Reporting Person has no rights or privileges as a stockholder of Issuer with respect to RS Units unless and until a certificate for shares has been issued.
  • [F5]Not applicable.

Documents

1 file

Issuer

LEARNING TREE INTERNATIONAL INC

CIK 0001002037

Entity typeother

Related Parties

1
  • filerCIK 0001325487

Filing Metadata

Form type
4
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 9:41 PM ET
Size
14.8 KB