MACDONALD JOHN R 4
4 · MF Global Holdings Ltd. · Filed Jun 14, 2010
Insider Transaction Report
Form 4
MACDONALD JOHN R
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares, par value $1.00 per share
2010-06-10+56,307→ 327,045 total - Tax Payment
Common Shares, par value $1.00 per share
2010-06-10$6.83/sh−19,032$129,989→ 308,013 total - Exercise/Conversion
Restricted Share Units
2010-06-10−56,307→ 112,612 total→ Common Shares (56,307 underlying)
Footnotes (3)
- [F1]Each restricted share unit represents a contingent right to receive one share of common stock, par value $1.00 per share, of MF Global Holdings Ltd. (each, a "Common Stock") and will be subject to the terms and conditions of the MF Global Holdings Ltd. Amended and Restated 2007 Long Term Incentive Plan, as amended. These restricted stock units were granted on June 10, 2009. One-third of the restricted stock units (56,307) vested on June 10, 2010, and one-half of the balance will vest on each of the second and third anniversaries of the grant date (becoming fully vested on the third anniversary of the grant date). Common Stock will be delivered upon vesting, except in certain limited circumstances described in the award agreement.
- [F2]The Common Shares were acquired upon vesting of restricted share units granted on June 10, 2009.
- [F3]Payment of tax liability by withholding Common Stock incident to the vesting of restricted share units in accordance with Rule 16b-3.