LEARNING TREE INTERNATIONAL INC 4
4 · LEARNING TREE INTERNATIONAL INC · Filed Apr 28, 2010
Insider Transaction Report
Form 4
JUECHTER W MATHEW
Director
Transactions
- Conversion
Common Stock
2010-03-31$11.87/sh+2,500$29,675→ 35,122 total - Conversion
Employee Stock Options (right to buy)
2010-03-31$11.87/sh−2,500$29,675→ 0 totalExercise: $11.87From: 2007-04-01Exp: 2010-03-31→ Common Stock (2,500 underlying)
Holdings
- 1,802
Employee Stock Options (right to buy)
Exercise: $20.70From: 2008-12-31Exp: 2012-12-15→ Common Stock (1,802 underlying) - 9,090
Employee Stock Options (right to buy)
Exercise: $12.66From: 2007-12-31Exp: 2012-06-24→ Common Stock (9,090 underlying) - 4,753
Restricted Stock Units
Exercise: $0.00→ Common Stock (4,753 underlying)
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.