Moore Edward P 4
4 · EDELMAN FINANCIAL GROUP INC. · Filed Sep 20, 2012
Insider Transaction Report
Form 4
Moore Edward P
Executive Vice President
Transactions
- Disposition to Issuer
Restricted Stock Units
2012-09-20−7,737→ 0 totalExercise: $8.85→ Common Stock (7,737 underlying) - Other
Common Stock
2012-09-20$8.85/sh−99,743$882,726→ 0 total - Disposition to Issuer
Restricted Stock Units
2012-09-20−13,528→ 0 totalExercise: $8.85→ Common Stock (13,528 underlying)
Footnotes (4)
- [F1]The Restricted Stock Units, which provided for vesting 25% on the date of grant, 50% on March 15, 2012, 75% on March 15, 2013, 75% on March 15, 2014, were canceled in the merger in exchange for a cash payment of $8.85 per share.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units were issued pursuant to the Issuer's Long-term Incentive Plan.
- [F3]The Restricted Stock Units, which provded for vesting 25% on the date of grant, 50% on March 15, 2013, 75% on March 15, 2014, 75% on March 15, 2015, were canceled in the merger in exchange for a cash payment of $8.85 per share.
- [F4]Disposed pursuant to merger agreement among The Edelman Financial Group Inc., Summer Holdings II, Inc., and Summer Merger Sub, Inc. in exchange for $8.85 in cash per share.