RIESENFELD STEFAN C 4
4 · LEARNING TREE INTERNATIONAL INC · Filed Jan 29, 2010
Insider Transaction Report
Form 4
RIESENFELD STEFAN C
Director
Transactions
- Disposition to Issuer
Common Stock
2010-01-06−2,828→ 2,862 total - Award
Restricted Stock Units
2009-11-02+4,753→ 4,753 total→ Common Stock (4,753 underlying)
Holdings
- 9,090
Employee Stock Options (right to buy)
Exercise: $12.66From: 2007-12-31Exp: 2012-06-24→ Common Stock (9,090 underlying) - 1,802
Employee Stock Options (right to buy)
Exercise: $20.70From: 2008-12-31Exp: 2012-12-15→ Common Stock (1,802 underlying) - 5,000
Employee Stock Options (right to buy)
Exercise: $8.71From: 2007-10-01Exp: 2010-09-30→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Forfeiture, in accordance with terms of grant, of restricted common stock granted October 24, 2008 pursuant to Issuer's 2007 Equity Incentive Plan.
- [F2]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 continually served as a director of 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 a director of Issuer. Reporting Person has no rights as a stockholder of Issuer with respect to RS Units unless and until a certificate for shares has been issued.
- [F3]Not applicable.