TBS INTERNATIONAL LTD 4
4 · TBS INTERNATIONAL LTD · Filed Jun 30, 2006
Insider Transaction Report
Form 4
SHAERF PETER S
Director
Transactions
- Exercise/Conversion
RESTRICTED SHARE UNIT
2005-06-29−1,500→ 0 total→ Class A Common Stock (1,500 underlying) - Exercise/Conversion
CLASS A COMMON STOCK
2006-06-29+1,500→ 1,500 total
Footnotes (2)
- [F1]Each restricted share unit represents a contingent right to receive one share of TBSI Class A common stock. This award was previously incorrectly reported as stock options.
- [F2]The restricted share units vested on the first anniversary of the grant date, which was June 29, 2006.