SEARS HOLDINGS CORP 4
4 · SEARS HOLDINGS CORP · Filed Mar 4, 2011
Insider Transaction Report
Form 4
DAMBROSIO LOUIS
DirectorCEO & President
Transactions
- Award
Common Stock
2011-03-03+23,853.186→ 104,637.186 total
Footnotes (1)
- [F1]These shares were awarded pursuant the reporting person's offer letter from Sears Holdings Corporation dated February 23, 2010, which provides that the reporting person will receive a restricted stock award equal to two times the number of shares of common stock that he purchases on the open market within a specified period with a value not to exceed $1,000,000. The restricted shares awarded were issued pursuant to the terms and conditions of Sears Holdings Corporation's 2006 Stock Plan and vest in equal installments on February 24, 2012 and February 24, 2013, the first and second anniversaries of the reporting person's start date.