4//SEC Filing
CIRCOR INTERNATIONAL INC 4
Accession 0001182489-14-000298
CIK 0001091883operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 2:32 PM ET
Size
13.5 KB
Accession
0001182489-14-000298
Insider Transaction Report
Form 4
ROBBINS WAYNE F
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2014-02-28+5,512→ 34,088 total - Exercise/Conversion
Restricted Stock Units (MSP)
2014-02-28−5,512→ 0 totalExercise: $0.00From: 2014-02-28Exp: 2021-02-28→ Common Stock (5,512 underlying) - Exercise/Conversion
Common Stock
2014-02-28+748→ 34,836 total - Tax Payment
Common Stock
2014-02-28−1,668→ 33,168 total - Exercise/Conversion
Restricted Stock Units
2014-02-28−748→ 0 totalExercise: $0.00From: 2014-02-28Exp: 2021-02-28→ Common Stock (748 underlying)
Footnotes (2)
- [F1]The Restricted Stock Units (RSUs), the conversion of which are reported herein, were issued to the Reporting Person pursuant to issuers Management Stock Purchase Plan (MSPP) on 2/28/11 utilizing a fair market value (FMV) of a share of issuers common stock of $39.00. RSUs are issued in whole units on the basis of a 33% discount from FMV of the issuers common stock on the date the underlying bonus is determined ($26.13 in this case) and generally vest 3 years from date of grant, at which time they convert into shares of common stock. Acquisition price reflects the 33% discount to FMV of issuers stock on grant date. This report reflects the acquisition by the Reporting Person of the common stock underlying the RSUs minus sufficient shares withheld to pay applicable income taxes.
- [F2]The Restricted Stock Units (RSUs), the conversion of which are reported herein, were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on 2/28/11 utilizing a fair market value (FMV) of a share of the issuers stock of $39.00. The RSU grant vests in equal portions over a three year period, and are received by the Reporting Person upon vesting, on a one-for-one basis. This report reflects the vesting of one-third portion of the original RSU grant and the acquisition by the Reporting Person of the common stock underlying the RSUs minus sufficient shares withheld by the issuer at the request of the Reporting Person as necessary to pay applicable income taxes.
Documents
Issuer
CIRCOR INTERNATIONAL INC
CIK 0001091883
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001091883
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 2:32 PM ET
- Size
- 13.5 KB