Dejanovic Darko 4
4 · ACTIVE NETWORK INC · Filed May 2, 2013
Insider Transaction Report
Form 4
Dejanovic Darko
Chief Technology Officer
Transactions
- Award
Market Stock Units
2013-04-30+74,714→ 74,714 total→ Common Stock (74,714 underlying) - Award
Common Stock
2013-04-30+97,128→ 624,288 total
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") were granted pursuant to The Active Network, Inc. 2011 Equity Incentive Plan and vest 25% on the first year anniversary of the grant date and in equal installments on each of the three anniversaries thereafter, subject to the reporting person's continuous employment through each of the vesting dates. Each RSU represents a contingent right to receive one share of the Company's Common Stock.
- [F2]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.
- [F3]The MSUs vest 25% on the first year anniversary of the grant date and in equal installments on each of the three anniversaries thereafter, subject to the reporting person's continuous employment through each of the vesting dates.