4//SEC Filing
RIESENFELD STEFAN C 4
Accession 0001181431-10-060611
CIK 0001002037other
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 7:25 PM ET
Size
9.4 KB
Accession
0001181431-10-060611
Insider Transaction Report
Form 4
RIESENFELD STEFAN C
Director
Transactions
- Award
Restricted Stock Units
2010-12-07+5,530→ 5,530 total→ Common Stock (5,530 underlying)
Footnotes (3)
- [F1]Grant of restricted stock units ("RS Units") pursuant to Issuer's 2007 Equity Incentive Plan. Each RS Unit represents a right to receive one share of Issuer's common stock provided Reporting Person has continually served as a director of Issuer as of the date of vesting. RS Units vest one-third on each of the first three anniversaries of the grant date. The Reporting Person will have no right to receive any shares of common stock under this grant (i) if Issuer does not report an operating profit for its 2011 fiscal year or (ii) with respect to any issuance scheduled to occur after he ceases to be a director of Issuer. Reporting Person has no rights as a stockholder of Issuer with respect to RS Units unless and until a certificate for shares has been issued.
- [F2]Not applicable.
- [F3]Reporting Person also owns 4,753 Restricted Stock Units pursuant to grant on November 2, 2009 under Issuer's 2007 Equity Incentive Plan.
Issuer
LEARNING TREE INTERNATIONAL INC
CIK 0001002037
Entity typeother
Related Parties
1- filerCIK 0001380796
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 7:25 PM ET
- Size
- 9.4 KB