Home/Filings/4/0001181431-10-023283
4//SEC Filing

LEARNING TREE INTERNATIONAL INC 4

Accession 0001181431-10-023283

CIK 0001002037operating

Filed

Apr 27, 8:00 PM ET

Accepted

Apr 28, 6:32 PM ET

Size

14.4 KB

Accession

0001181431-10-023283

Insider Transaction Report

Form 4
Period: 2010-03-31
Transactions
  • Conversion

    Common Stock

    2010-03-31$11.87/sh+2,500$29,67535,122 total
  • Conversion

    Employee Stock Options (right to buy)

    2010-03-31$11.87/sh2,500$29,6750 total
    Exercise: $11.87From: 2007-04-01Exp: 2010-03-31Common Stock (2,500 underlying)
Holdings
  • Employee Stock Options (right to buy)

    Exercise: $20.70From: 2008-12-31Exp: 2012-12-15Common Stock (1,802 underlying)
    1,802
  • Employee Stock Options (right to buy)

    Exercise: $12.66From: 2007-12-31Exp: 2012-06-24Common Stock (9,090 underlying)
    9,090
  • Restricted Stock Units

    Exercise: $0.00Common Stock (4,753 underlying)
    4,753
Footnotes (2)
  • [F1]Restricted stock units ("RSUs") granted November 2, 2009 pursuant to Issuer's 2007 Equity Incentive Plan. Each RSU 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. RSUs 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 such 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.
  • [F2]Not applicable.

Issuer

LEARNING TREE INTERNATIONAL INC

CIK 0001002037

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001002037

Filing Metadata

Form type
4
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 6:32 PM ET
Size
14.4 KB