BEARINGPOINT INC 4
4 · BEARINGPOINT INC · Filed Jan 4, 2008
Insider Transaction Report
Form 4
Harbach F Edwin
Director
Transactions
- Award
Employee Stock Option (Right to Buy)
2008-01-02+1,232,600→ 1,232,600 totalExercise: $2.76Exp: 2018-01-02→ Common Stock (1,232,600 underlying) - Award
Restricted Stock Units
2008-01-02+199,275→ 199,275 total→ Common Stock (199,275 underlying)
Footnotes (5)
- [F1]The Compensation Committee of the Board of Directors of BearingPoint, Inc. (the "Company") approved a stock option grant to Mr. Harbach as of January 2, 2008, to purchase up to 1,232,600 shares of BearingPoint common stock. The option vests in four equal installments on January 2 in each of 2009, 2010, 2011 and 2012.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of BearingPoint, Inc. common stock or the cash equivalent.
- [F3]The Compensation Committee of the Board of Directors of the Company approved a grant of 199,275 RSUs to Mr. Harbach as of January 2, 2008, which vest on each anniversary of the grant date as follows: 49,818 RSUs vest on January 2, 2009, and 49,819 RSUs vest on January 2 in each of 2010, 2011 and 2012.
- [F4]The grant of RSUs does not expire.
- [F5]None.