OTTESEN S ERIC 4
4 · Excel Trust, Inc. · Filed Mar 9, 2011
Insider Transaction Report
Form 4
OTTESEN S ERIC
SVP, GC and Secretary
Transactions
- Award
Common Stock
2011-03-07+52,500→ 93,628 total - Award
Common Stock
2011-03-07+20,000→ 41,128 total
Footnotes (2)
- [F1]Grant of time-based restricted stock that will vest over four years, with 25% of the shares vesting on the first anniversary of the grant date and the remainder vesting in equal quarterly installments thereafter.
- [F2]Grant of performance-based restricted stock that will vest based on the achievement of certain total stockholder return targets over a three-year measurement period. For each fiscal year during the three-year performance period, up to one-third of the shares subject to the restricted stock award may vest based on performance relative to the total stockholder return objectives.