Pike Electric CORP 4
4 · Pike Electric CORP · Filed Nov 4, 2013
Insider Transaction Report
Form 4
Helvey James Relerford III
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-10-31−7,675→ 0 totalFrom: 2013-10-31Exp: 2013-10-31→ Common Stock (7,675 underlying) - Exercise/Conversion
Deferred Stock Units
2013-10-31+7,675→ 18,041 total→ Common Stock (7,675 underlying) - Award
Restricted Stock Units
2013-11-01+6,398→ 6,398 total→ Common Stock (6,398 underlying)
Holdings
- 38,719
Common Stock
Footnotes (7)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The reporting person elected to defer receipt of 7,675 shares of the Issuer's common stock issuable upon vesting of the restricted stock units on October 31, 2013, resulting in the accrual to a bookkeeping account in the name of the reporting person of 7,675 deferred vested stock units.
- [F3]Represents deferred stock units credited to a bookkeeping account in the name of the reporting person on the books and records of the Issuer.
- [F4]Each deferred stock unit represents the right to receive one share of the Issuer's common stock.
- [F5]The deferred stock units will be released following the reporting person's termination of service as a director of the Issuer.
- [F6]Represents a grant of restricted stock units from the Issuer for services as a director of the Issuer.
- [F7]These restricted stock units vest on the earlier of (i) November 1, 2014 or (ii) the date of the Issuer's 2014 annual stockholders meeting.