Gai David L 4
4 · JDA SOFTWARE GROUP INC · Filed Aug 8, 2012
Insider Transaction Report
Form 4
Gai David L
EVP Services
Transactions
- Award
Common Stock
2012-08-06$29.67/sh+18,800$557,796→ 18,800 total - Tax Payment
Common Stock
2012-08-06$29.67/sh−3,448$102,302→ 15,352 total
Footnotes (2)
- [F1]Securities acquired include restricted stock units issued to the reporting person on August 6, 2012, 50% of which vested on the date of issuance and 50% of which vest in two equal annual installments on the first two anniversaries of the initial vesting date, subject to the reporting person's continued employment with JDAS except as otherwise provided in JDAS's 2005 Performance Incentive Plan. Each restricted stock unit represents a right to receive one share of JDAS common stock upon vesting.
- [F2]Reflects the disposition of common stock shares to Company to pay the withholding taxes associated with the initial vesting of common stock shares under the award described in Footnote 2.