Falconer Scott A 4
4 · NUTRI SYSTEM INC /DE/ · Filed Apr 1, 2010
Insider Transaction Report
Form 4
Falconer Scott A
EVP of Customer Management
Transactions
- Award
Performance Restricted Share Units (RSUs)
2010-03-30+3,333→ 3,333 total→ Common stock (6,666 underlying) - Award
Common stock
2010-03-30+30,000→ 121,810 total
Footnotes (3)
- [F1]Restricted shares were granted on March 30, 2010. 20,000 shares vest over 4 years in equal installments on March 30 of each year. 10,000 shares vest 50% on March 30, 2012 and 50% on March 30, 2013. Price per share on day of grant is $17.53.
- [F2]Each Performance Restricted Share Unit represents a contingent right to receive between one-half and two shares of common stock.
- [F3]The Performance Restricted Share Units will vest on March 1, 2013 upon the achievement of certain specified performance goals for the year ending December 31, 2010 and continued employment of the reporting person until March 1, 2013.