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4//SEC Filing

RUBIOS RESTAURANTS INC 4

Accession 0001209191-06-066705

CIK 0001082423operating

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 2:06 PM ET

Size

6.9 KB

Accession

0001209191-06-066705

Insider Transaction Report

Form 4
Period: 2006-12-21
PITTARD DANIEL E
President and CEO
Transactions
  • Award

    Restricted Stock Units

    2006-12-21+42,500342,500 total
    Common Stock (42,500 underlying)
Footnotes (2)
  • [F1]This award of restricted stock units ("RSU's") is made pursuant to the Company's 2006 Executive Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock.
  • [F2]This award vests with respect to all or a portion of up to 25%, 25% and 50% of the shares at the end of the twelve, twenty-four and thirty-six month periods ending on December 20, 2007, 2008 and 2009, respectively (the "Performance Periods"), if the Company achieves a CAGR in the Company's common stock of between 8% (6.25% of the shares for 2007 and 2008 and 12.5% of the shares for 2009) and 18% (25% of the shares for 2007 and 2008 and 50% of the shares for 2009) during the respective Performance Periods. The vesting of the RSU?s may accelerate upon the acquisition of securities possessing more than 50% of the total combined voting power of the Company's outstanding securities or a Corporate Transaction, as defined in the Company's 1999 Stock Incentive Plan. In the event of the employee's death or disability, the RSU?s shall vest based upon the CAGR achieved by the Company through the date of such event.

Issuer

RUBIOS RESTAURANTS INC

CIK 0001082423

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001082423

Filing Metadata

Form type
4
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 2:06 PM ET
Size
6.9 KB