4//SEC Filing
Gibson Mickeul B. 4
Accession 0001181431-10-047232
CIK 0000906326other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 9:00 PM ET
Size
8.3 KB
Accession
0001181431-10-047232
Insider Transaction Report
Form 4
Gibson Mickeul B.
Exec. VP and COO
Transactions
- Tax Payment
Common Stock
2010-09-15$8.31/sh−1,543$12,822→ 28,311 total - Award
Stock Appreciation Right
2010-09-15+22,062→ 22,062 totalExercise: $8.31Exp: 2017-09-15→ Common Stock (22,062 underlying)
Footnotes (4)
- [F1]Prior to this transaction, the Reporting Person owned 22,500 Restricted Stock Units ("RSUs"). An aggregate of 17,500 of the RSUs vest in three annual installments beginning on August 10, 2010, subject to (a) the Reporting Person's continued service with the Issuer, and (b) the Issuer's achievement of certain performance goals (the "Performance Goals").
- [F2]On September 15, 2010, the Issuer's Board of Directors determined that the Issuer had achieved the Performance Goals. Accordingly, all conditions relating to the 5,833 shares of Common Stock were deemed to be satisfied. Of the 5,833 shares of Common Stock, the Company withheld 1,543 shares to satisfy the Reporting Person's withholding tax liability, and issued 4,290 shares of Common Stock to the Reporting Person.
- [F3]Represents (a) 11,644 shares of outstanding Common Stock held by the Reporting Person and (b) 16,667 shares underlying RSUs that remain subject to time-based vesting.
- [F4]Stock Appreciation Right ("SAR") grant pursuant to Rural/Metro Corporation 2008 Incentive Stock Plan, exercisable in three annual installments beginning September 15, 2011. Upon exercise, SAR will settle in stock.
Documents
Issuer
RURAL/METRO CORP /DE/
CIK 0000906326
Entity typeother
Related Parties
1- filerCIK 0001489384
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 9:00 PM ET
- Size
- 8.3 KB