VAUGHAN MICHAEL J 4
4 · AMERICAN DENTAL PARTNERS INC · Filed Apr 28, 2011
Insider Transaction Report
Form 4
VAUGHAN MICHAEL J
Executive VP - COO
Transactions
- Award
Common Stock
2011-03-31+27,000→ 50,611 total
Footnotes (1)
- [F1]Represents performance share award that will vest, in part, upon achievement of annual performance goals during the three-calendar year period ending December 31, 2013. If a performance goal is not achieved, then the portion of the performance shares tied to that performance goal will be forfeited. Even if a performance goal is achieved, the performance shares tied to achievement of that performance goal will still be subject to potential forfeiture if Mr. Vaughan's employment with the Company terminates, other than by reason of death or disability, at any time prior to December 31, 2014. In general, the performance goals relate to successfully supporting the affiliated practices with certain growth objectives, specifically to include development of de novo dental facilities and development of information systems, support staff and business processes to support specialty care services.