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4//SEC Filing

BOOKER DAVID A 4

Accession 0001181431-10-060613

CIK 0001002037other

Filed

Dec 8, 7:00 PM ET

Accepted

Dec 9, 7:26 PM ET

Size

9.6 KB

Accession

0001181431-10-060613

Insider Transaction Report

Form 4
Period: 2010-12-07
BOOKER DAVID A
Chief Operating Officer
Transactions
  • Award

    Restricted Stock Units

    2010-12-07+4,0944,094 total
    Common Stock (4,094 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 been continuously employeed by 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 an employee of Issuer (whether voluntarily or involuntarily). Reporting Person has no rights or privileges 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 3,681 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 0001416266

Filing Metadata

Form type
4
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 7:26 PM ET
Size
9.6 KB