Lavelle Michael P. 4
4 · SCHOOL SPECIALTY INC · Filed Jun 19, 2012
Insider Transaction Report
Form 4
Lavelle Michael P.
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2012-06-15$2.88/sh+67,100$193,463→ 67,100 total - Award
Non-qualified stock option (right to buy)
2012-06-15$2.87/sh+55,000$157,850→ 55,000 totalExercise: $2.87From: 2013-06-15Exp: 2022-06-15→ Common Stock (55,000 underlying)
Footnotes (1)
- [F1]Shares vest over three years, with one-third of the amount vesting on each of the first, second and third anniversaries of the grant.