THOMPSON RONALD L 3
3 · Chrysler Group LLC · Filed Apr 26, 2011
Insider Transaction Report
Form 3
THOMPSON RONALD L
Director
Holdings
Restricted Stock Units
Exercise: $0.00→ Class A Membership Interests (361,446 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a unit equal to 1/600th of the value of a Class A Membership Interest of Chrysler Group LLC (the "Company") on a fully diluted basis after conversion of the Company's Class B Membership Interests pursuant to the terms of the Company's Limited Liability Company Operating Agreement ("LLC Operating Agreement"), assuming that the Class B member's ownership interest does not increase as a result of the occurrence of the Class B Events (as defined in the LLC Operating Agreement). Payment of vested RSUs will be made in cash prior to a Chrysler Group IPO (as defined in the LLC Operating Agreement) and, on and after a Chrysler Group IPO, in cash or shares of the Company's publicly traded stock in the Company's sole discretion. These RSUs vest in one-third increments on June 10, 2010, June 10, 2011 and June 10, 2012 and are subject to the terms and conditions of the 2009 Directors Restricted Stock Unit Plan.
- [F2]Granted on November 12, 2009.