Mason Robert 4
4 · VALASSIS COMMUNICATIONS INC · Filed Dec 14, 2012
Insider Transaction Report
Form 4
Mason Robert
EVP - Sales & Marketing
Transactions
- Award
Common Stock
2012-12-12+60,000→ 123,453 total - Award
Employee Stock Option (Right to Buy)
2012-12-12+25,000→ 25,000 totalExercise: $27.17Exp: 2019-12-12→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Awards granted pursuant to the Valassis Communications's, Inc. 2008 Omnibus Incentive Compensation Plan. The shares are subject to performance-based conditions and will be forfeited if such conditions are not satisfied.
- [F2]Represents amount of shares beneficially owned as of December 12, 2012.
- [F3]This option becomes exercisable in increments of 33.3333%, 33.3333% and 33.3334% at such time that the closing sales price per common share is equal to or exceeds $32.17, $37.17 and $42.17, respectively; provided that such market price targets are achieved by December 12, 2015. In any event, however, the option vests by December 12, 2017.