Home/Filings/4/0001181431-11-029816
4//SEC Filing

IGNACZAK ANTHONY R 4

Accession 0001181431-11-029816

CIK 0001264707other

Filed

May 15, 8:00 PM ET

Accepted

May 16, 11:18 AM ET

Size

10.3 KB

Accession

0001181431-11-029816

Insider Transaction Report

Form 4
Period: 2011-05-12
Transactions
  • Award

    Restricted Stock Units

    2011-05-12+1,6671,667 total
    Common Stock, $0.01 par value per share (1,667 underlying)
  • Award

    Stock Options (right to buy)

    2011-05-12+5,0005,000 total
    Exercise: $4.55From: 2011-05-12Exp: 2021-05-12Common Stock, $0.01 par value per share (5,000 underlying)
  • Award

    Deferred Stock Units

    2011-05-12+1,3741,374 total
    Common Stock, $0.01 par value per share (1,374 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Asset Acceptance Capital Corp. common stock.
  • [F2]The reporting person has received Restricted Stock Units ("RSUs") under the Company's 2004 Stock Incentive Plan, as amended. The reporting person received RSUs for services on the Company's Board of Directors. The RSUs will fully vest upon the earlier of (a) separation from service or (b) a change in control as defined in the Stock Plan.
  • [F3]Each deferred stock unit converts to shares of common stock on a one-to-one basis.
  • [F4]The reporting person has received Deferred Stock Units ("DSU") under the Company's 2004 Stock Incentive Plan, as amended. The reporting person has elected to receive DSUs in lieu of the annual retainer fees payable for services on the Company's Board of Directors. The DSUs are immediately vested and a settlement will occur in a single lump sum as soon as practicable after the earliest of the following events: (1) death of reporting person; (2) disability of reporting person; (3) change in control of Asset Acceptance Capital Corp.; (4) other separation of reporting person's service to Asset Acceptance Capital Corp.

Issuer

ASSET ACCEPTANCE CAPITAL CORP

CIK 0001264707

Entity typeother

Related Parties

1
  • filerCIK 0001268544

Filing Metadata

Form type
4
Filed
May 15, 8:00 PM ET
Accepted
May 16, 11:18 AM ET
Size
10.3 KB