LANESE HERBERT J 4
4 · DYNCORP INTERNATIONAL INC. · Filed Jul 7, 2010
Insider Transaction Report
Form 4
LANESE HERBERT J
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2010-07-07$17.55/sh−1,586$27,834→ 0 total→ Class A Common Stock (1,586 underlying) - Disposition to Issuer
Restricted Stock Units
2010-07-07$17.55/sh−1,700$29,835→ 0 total→ Class A Common Stock (1,700 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents either (i) a contingent right to receive one share of DCP Class A Common Stock or (ii) a cash amount equal to the number of shares received multiplied by the closing price of the stock on the vesting day.
- [F2]The restricted stock units vest on July 14, 2010. Payment or settlement in shares shall be made on the date that is six months after the Director ceases to serve on the Issuer's Board of Directors.
- [F3]Not Applicable.
- [F4]Each Restricted Stock Unit outstanding immediately prior to the effective time of the merger was automatically converted into the right to receive $17.55 per unit in cash, an amount equal to the amount of consideration that would be payable at the effective time of the merger in respect of the number of issuer's common stock issuable upon exchange of each such Restricted Stock Unit. This transaction is exempt under Rule 16b-3(e).
- [F5]The restricted stock units vested on July 14, 2009. Payment or settlement in shares shall be made on the date that is six months after the Director ceases to serve on the Issuer's Board of Directors.