ACTIVE NETWORK INC 4
4 · ACTIVE NETWORK INC · Filed Jun 25, 2013
Insider Transaction Report
Form 4
Triplett Dennis
SVP, Operations
Transactions
- Award
Market Stock Units
2013-06-21+12,000→ 12,000 total→ Common Stock (12,000 underlying) - Award
Common Stock
2013-06-21+15,000→ 67,929 total
Footnotes (3)
- [F1]These Restricted Stock Units ("RSUs") were granted pursuant to The Active Network, Inc. 2011 Equity Incentive Plan and vest 25% on June 1, 2014 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 each vesting date, subject to the reporting person's continuous employment through each of the vesting dates. 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 50% on June 1, 2014 and 50% on June 1, 2015.