Helvey James Relerford III 4
4 · Pike Electric CORP · Filed Dec 20, 2012
Insider Transaction Report
Form 4
Helvey James Relerford III
Director
Transactions
- Award
Deferred Stock Units
2012-12-14$9.28/sh+1,008$9,354→ 1,008 total→ Common Stock (1,008 underlying)
Holdings
- 38,719
Common Stock
- 9,358
Deferred Stock Units
→ Common Stock (9,358 underlying) - 7,675
Restricted Stock Units
→ Common Stock (7,675 underlying)
Footnotes (7)
- [F1]Represents deferred stock units credited to a bookkeeping account in the name of the reporting person on the books and records of the Issuer.
- [F2]Each deferred stock unit represents the right to receive one share of the Issuer's common stock.
- [F3]The deferred stock units will be released following the reporting person's termination of service as a director of the Issuer.
- [F4]Represents a grant of restricted stock units from the Issuer for services as a director of the Issuer.
- [F5]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F6]These restricted stock units vest on the earlier of (i) November 2, 2013 or (ii) the date of the Issuer's 2013 annual stockholders meeting.
- [F7]Represents a grant of deferred stock units from the Issuer, in lieu of a cash dividend paid by the Issuer, pursuant to the reporting person's award agreement for the reporting person's deferred stock units.