WELLS BEN K 4
4 · Burger King Holdings Inc · Filed Aug 26, 2008
Insider Transaction Report
Form 4
WELLS BEN K
CFO
Transactions
- Award
Common Stock
2008-08-22+13,770→ 60,203 total - Award
Option to Purchase Common Stock
2008-08-22+40,981→ 40,981 totalExercise: $26.16Exp: 2018-08-22→ Common Stock (40,981 underlying)
Footnotes (2)
- [F1]The shares reported represent an award of performance based restricted stock granted to the Reporting Person by the Issuer on August 22, 2008. The shares will have a one year performance period beginning July 1, 2008 and ending June 30, 2009 and will vest 100% on the third anniversary of the grant date. The number of shares of performance based restricted stock that will be earned at the end of the one year performance period is subject to an increase or decrease of shares of up to 50% based on the results of the Company performance condition.
- [F2]25% of shares are exercisable on each of 8/22/2009, 8/22/2010, 8/22/2011 and 8/22/2012.