Biggs Kevin T 4
4 · ACTIVE NETWORK INC · Filed Jan 8, 2013
Insider Transaction Report
Form 4
Biggs Kevin T
EVP of Global Technology Sales
Transactions
- Award
Market Stock Units
2013-01-04+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]The Market Stock Units ("MSUs") were granted pursuant to The Active Network, Inc. 2011 Equity Incentive Plan and represent a contingent right to receive, following vesting, a number of shares of the Company's common stock determined by the Company's stock price on the vesting date. The maximum number of shares of Company common stock that will be issued at vesting is two times the number of MSUs.
- [F2]The MSUs have a three year cliff vesting and vest on December 5, 2015.