IGNACZAK ANTHONY R 4
4 · ASSET ACCEPTANCE CAPITAL CORP · Filed May 8, 2013
Insider Transaction Report
Form 4
IGNACZAK ANTHONY R
Director
Transactions
- Award
Deferred Stock Units
2013-05-07+1,531→ 1,531 total→ Common Stock, $0.01 par value per share (1,531 underlying)
Footnotes (2)
- [F1]Each deferred stock unit converts to shares of common stock on a one-to-one basis.
- [F2]The reporting person has received Deferred Stock Units ("DSU") under the Company's 2012 Stock Incentive Plan. The reporting person has elected to receive DSUs in lieu of the annual retainer fees payable for services on the Company's Board of Directors. The DSUs are immediately vested and a settlement will occur in a single lump sum as soon as practicable after the earliest of the following events: (1) death of reporting person; (2) disability of reporting person; (3) change in control of Asset Acceptance Capital Corp.; (4) other separation of reporting person's service to Asset Acceptance Capital Corp.