Rowsell James 4
4 · MF Global Holdings Ltd. · Filed Jun 14, 2010
Insider Transaction Report
Form 4
Rowsell James
Managing Director - Europe
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-06-10−30,030→ 60,060 total→ Common Stock (30,030 underlying) - Exercise/Conversion
Common Stock, par value $1.00 per share
2010-06-10+30,030→ 40,030 total - Tax Payment
Common Stock, par value $1.00 per share
2010-06-10$6.83/sh−15,316$104,608→ 24,714 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock and will be subject to the terms and conditions 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 share units (30,030) 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 shares of Common Stock were acquired upon vesting of restricted stock 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.