Sheehan Daniel J 4
4 · DUNKIN' BRANDS GROUP, INC. · Filed Nov 23, 2011
Insider Transaction Report
Form 4
Sheehan Daniel J
Chief Information Officer
Transactions
- Sale
Common Stock
2011-11-22$24.72/sh−7,300$180,480→ 48,464 total - Award
Option to purchase Common Stock
2011-11-22+11,410→ 34,539 totalExercise: $3.02Exp: 2020-02-23→ Common Stock (11,410 underlying)
Footnotes (2)
- [F1]On 02/23/2010, the reporting person was granted an option to purchase 49,802 shares of Common Stock. The option vests based upon time (five equal annual installments that began on 02/23/2011) and performance (investment returns to investment funds affiliated with Bain Capital Partners, LLC, The Carlyle Group and Thomas H. Lee Partners, L.P. (collectively, the "Sponsors")) criteria.
- [F2]As a result of the sale of shares by the Sponsors, the performance criteria was met with respect to 11,410 shares of common stock subject to this option award, resulting in vesting of the option as to 2,282 shares and an additional 9,128 shares that are eligible to vest in four equal annual installments beginning on 02/23/2012. In total, following this event, the performance criteria has been met with respect to an aggregate of 13,197 shares of common stock subject to this option award, with 2,639 of such shares vested and the remaining 10,558 of such shares eligible to vest in four equal annual installments beginning on 02/23/2012.