Riera Vincent 4
4 · PLATO LEARNING INC · Filed Dec 11, 2009
Insider Transaction Report
Form 4
Riera Vincent
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2009-12-10+5,700→ 51,324.673 total - Tax Payment
Common Stock
2009-12-10$3.98/sh−1,863$7,415→ 49,461.673 total - Exercise/Conversion
Performance Shares
2009-12-10−5,700→ 5,700 total→ Common Stock (5,700 underlying)
Footnotes (3)
- [F1]Each performance right represented a contingent right to receive one share of TUTR common stock upon the achievement of certain goals and retention periods.
- [F2]The reporting person elected to satisfy his tax withholding obligation upon the vesting of performance rights by having TUTR withhold a number of vested shares having a value on the date of vesting equal to the minimum tax withholding obligation.
- [F3]Expiration Date: 12/10/10 when the remaining performance rights will vest.