4//SEC Filing
Vacchiano Thomas J JR 4
Accession 0001181431-12-018400
CIK 0000790818other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 5:07 PM ET
Size
7.6 KB
Accession
0001181431-12-018400
Insider Transaction Report
Form 4
X RITE INCXRIT
Vacchiano Thomas J JR
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (Right-to-buy)
2012-03-15+224,126→ 224,126 totalExercise: $4.55Exp: 2022-03-15→ Common Stock (224,126 underlying) - Disposition to Issuer
Common Stock
2012-03-15−17,194→ 545,554 total
Footnotes (3)
- [F1]As part of a grant issued on October 30, 2008 vesting over a five year period (2009, 2010, 2011, 2012, 2013) 171,941 performance-based restricted shares issued under the X-Rite, Incorporated 2008 Omnibus Long Term Incentive Plan were eligible for release from restriction on March 15, 2012. The vesting schedule for these performance shares was based on the achievement of certain annual performance targets for the Company's fiscal year end 2011. It was determined that the performance targets were not fully met, and therefore this portion of the shares scheduled for release from restriction was forfeited.
- [F2]The stock options will vest in four equal installments: one-fourth of the total award will vest on the first anniversary of the grant date, one-fourth of the total award will vest on the second anniversary of the grant date, one-fourth of the total award will vest on the third anniversary of the grant date, and one-fourth of the total award will vest on the fourth anniversary of the grant date.
- [F3]Options granted pursuant to the X-Rite, Incorporated 2011 Omnibus Long Term Incentive Plan.
Documents
Issuer
X RITE INC
CIK 0000790818
Entity typeother
Related Parties
1- filerCIK 0001367295
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 5:07 PM ET
- Size
- 7.6 KB