Seidel Andrew D 4
4 · Heckmann CORP · Filed Oct 21, 2011
Insider Transaction Report
Form 4
Seidel Andrew D
Director
Transactions
- Award
Common Stock, par value $0.001
2011-10-20+14,000→ 34,000 total
Holdings
- 47,000(indirect: See footnote)
Common Stock, par value $0.001
Footnotes (3)
- [F1]Represents the receipt of Common Stock upon the vesting of Restricted Stock Units (RSUs) granted on October 20, 2011 under the Issuer's 2009 Equity Incentive Plan as annual retainer compensation for serving on the Issuer's board. Each RSU represents the contingent right, upon vesting, to receive one share of the Issuer's Common Stock. The RSUs are scheduled to vest 1/2 on first anniversary of date of grant and 1/2 on second anniversary of date of grant.
- [F2]Amounts carried forward from Form 5 previously filed by Reporting Person on February 10, 2011.
- [F3]Mr. Seidel has placed 34,000 shares of Common Stock into the Andrew D. Seidel Living Trust, and 13,000 shares of Common Stock into his Individual Retirement Account.