Vacchiano Thomas J JR 4
4 · X RITE INC · Filed Mar 7, 2011
Insider Transaction Report
Form 4
X RITE INCXRIT
Vacchiano Thomas J JR
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2011-03-03−28,565→ 559,194 total
Footnotes (1)
- [F1]These performance-based restricted shares were issued under the X-Rite, Incorporated 2006 Omnibus Long Term Incentive Plan. The vesting schedule for these performance shares was based on the achievement of certain annual performance targets over a period of 3 years for the Company's fiscal years ending 2008, 2009 and 2010. It was determined on March 3, 2011 that the performance targets were not met and therefore the shares were forfeited.