HEIDRICK & STRUGGLES INTERNATIONAL INC 4
4 · HEIDRICK & STRUGGLES INTERNATIONAL INC · Filed May 29, 2012
Insider Transaction Report
Form 4
FAZIO JOHN A
Director
Transactions
- Award
Common Stock
2012-05-24+4,540→ 16,452 total
Holdings
- 10,224
Non-Employee Restricted Stock Units
→ Common Stock (10,224 underlying)
Footnotes (4)
- [F1]Common stock awarded on May 24, 2012, the date of the annual meeting of stockholders. The award is equal to the annual equity retainer of $75,000, rounded to the nearest whole number of shares ($75,000 divided by the closing stock price on May 24, 2012 of $16.52)
- [F2]Each restricted stock unit represents a contingent right to receive one share of Heidrick & Struggles International, Inc. (the "Company") common stock.
- [F3]Pursuant to the terms of the award agreements, the awards will fully vest upon the completion of the director's term.
- [F4]Since restricted stock units automatically convert to common stock upon vesting, there is no expiration date for these awards.