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4//SEC Filing

Broughton Richard 4

Accession 0001182489-12-000355

CIK 0001091883other

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 5:10 PM ET

Size

10.8 KB

Accession

0001182489-12-000355

Insider Transaction Report

Form 4
Period: 2012-03-05
Broughton Richard
Vice President, CIO
Transactions
  • Award

    Stock Options

    2012-03-05$32.76/sh+2,475$81,0812,475 total
    Exercise: $32.76From: 2013-03-05Exp: 2022-03-05Common Stock (2,475 underlying)
  • Award

    Restricted Stock Units

    2012-03-05+794794 total
    From: 2015-03-05Exp: 2022-03-05Common Stock (794 underlying)
  • Award

    Restricted Stock Units

    2012-03-05+1,0711,071 total
    From: 2013-04-05Exp: 2022-03-05Common Stock (1,071 underlying)
Footnotes (3)
  • [F1]The grant of Restricted Stock Units (RSUs), reported herein, entitles the Reporting Person to receive shares of the issuer common stock in equal installments of one-third of the original RSU grant on either (i) the annual vesting of the grant or (ii) upon the conclusion of such longer deferral period as the Reporting Person may elect in advance. In either occurrence, (i) or (ii), the RSUs automatically convert into shares of common stock on a one-for-one basis at no conversion cost to the Reporting Person.
  • [F2]The options generally vest in equal annual installments of one-third of the original stock option grant over a three year period from award date. The options convert into shares of common stock on a one-for-one basis.
  • [F3]The Restricted Stock Units (RSUs) grant is issued pursuant to a provision of the issuer Management Stock Purchase Plan (MSPP) whereby certain executives may make an advance election to receive RSUs in lieu of a specified percentage or dollar amount of that executives' annual incentive cash bonus under the bonus plan applicable to the executive. The RSUs are issued in whole units at a 33% discount from fair market value of the issuer's common stock on the date the underlying bonus is determined and generally vest 3 years from the date of the grant, at which time the RSUs convert into shares of common stock on a one-for-one basis unless the executive previously elected a longer deferral period.

Issuer

CIRCOR INTERNATIONAL INC

CIK 0001091883

Entity typeother

Related Parties

1
  • filerCIK 0001383388

Filing Metadata

Form type
4
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 5:10 PM ET
Size
10.8 KB