Waldron Charles R 4
4 · LEARNING TREE INTERNATIONAL INC · Filed Nov 4, 2010
Insider Transaction Report
Form 4
Waldron Charles R
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2010-11-02+1,458→ 3,128 total - Exercise/Conversion
Restricted Stock Units
2010-11-02−1,458→ 2,917 total→ Common Stock (1,458 underlying)
Holdings
- 2,884
Employee Stock Options (right to buy)
Exercise: $20.70From: 2008-12-31Exp: 2012-12-15→ Common Stock (2,884 underlying) - 35,000
Employee Stock Options (right to buy)
Exercise: $10.22From: 2009-12-31Exp: 2013-12-15→ Common Stock (35,000 underlying)
Footnotes (4)
- [F1]Issuance of common stock upon vesting of restricted stock units ("RS Units"). No consideration was paid upon such vesting.
- [F2]Each RS Unit represents the right to receive one share of Issuer's common stock on the date of vesting. Reporting Person has no rights as a stockholder of Issuer with respect to RS Units unless and until they vest and a certificate for shares has been issued.
- [F3]Vesting of one-third of RS Units granted pursuant to Issuer's 2007 Equity Incentive Plan. Balance of RS Units vests 50% on November 2, 2011 and 50% on November 2, 2012.
- [F4]Not applicable.