Goldberg David S 4
4 · UNION DRILLING INC · Filed Mar 5, 2010
Insider Transaction Report
Form 4
Goldberg David S
VP, Gen Counsel & Corp Sec
Transactions
- Award
Restricted Stock Units
2010-03-04+50,000→ 176,096 total→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Union Drilling, Inc. common stock; award date fair value of common stock was $7.41 per share (03/04/10 closing price).
- [F2]Absent an earlier forfeiture or acceleration event, the RSUs will vest based upon the reporting person's continued service to the company over a six year period.