SCHAUB RICHARD F JR 4
4 · KID BRANDS, INC · Filed Mar 13, 2012
Insider Transaction Report
Form 4
SCHAUB RICHARD F JR
President -- Sassy, Inc.
Transactions
- Award
Common Stock, $0.10 stated value per share
2012-03-09+7,500→ 27,500 total - Award
STOCK APPRECIATION RIGHT
2012-03-09+22,500→ 102,500 totalExercise: $3.02Exp: 2022-03-09→ COMMON STOCK (22,500 underlying)
Footnotes (4)
- [F1]Represents restricted stock units granted on March 9, 2012 pursuant to the Issuer's Equity Incentive Plan (the "EIP"), which vest ratably over a five-year period commencing March 9, 2013.
- [F2]Includes: (i) 10,000 restricted stock units granted on January 3, 2011 pursuant to the EIP, which vest in full on the earlier of a change in control (as defined in Mr. Schaub's employment agreement) and January 3, 2014; and (ii) 10,000 restricted stock units granted on February 24, 2010 pursuant to the EIP, which vest ratably over a five-year period commencing February 24, 2011.
- [F3]Represents stock appreciation rights granted on March 9, 2012 pursuant to the EIP, which vest ratably over a five-year period commencing March 9, 2013.
- [F4]Includes: (i) 50,000 stock appreciation rights granted on January 3, 2011 pursuant to the EIP at an exercise price of $8.50 per share, which vest in full on the earlier of a change in control (as defined in Mr. Schaub's employment agreement) and January 3, 2014 and expire January 3, 2021; and (ii) 30,000 stock appreciation rights granted on February 24, 2010 pursuant to the EIP at an exercise price of $4.79 per share, which vest ratably over a five-year period commencing February 24, 2011 and expire February 24, 2020.