HERPICH RICHARD P 4
4 · VALASSIS COMMUNICATIONS INC · Filed Dec 16, 2010
Insider Transaction Report
Form 4
HERPICH RICHARD P
EVP/ Sales & Marketing
Transactions
- Award
Employee Stock Option (Right To Buy)
2010-12-14+30,000→ 30,000 totalExercise: $34.81Exp: 2017-12-14→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]This option becomes exercisable in increments of 33.3333%, 33.3333% and 33.3334% at such time that the closing sales price per common share is equal to or exceeds $39.81, $44.81 and $49.81, respectively; provided that such market price targets are achieved by December 14, 2013. In any event, however, the option vests by December 14, 2015.