4//SEC Filing
HOLLIMAN WILLIAM G 4
Accession 0001209191-08-067103
CIK 0000050957other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 8:20 AM ET
Size
6.3 KB
Accession
0001209191-08-067103
Insider Transaction Report
Form 4
HOLLIMAN WILLIAM G
President, Lane Furniture
Transactions
- Award
Restricted Stock Unit
2008-12-19+159,740→ 159,740 totalExp: 2013-12-19→ Common Stock (159,740 underlying)
Footnotes (2)
- [F1]The restricted stock units are payable only in cash. 50% of the restricted stock units represent the right to receive $6.26 per unit (the "First Tranche") and 50% of the restricted stock units represent the right to receive $9.39 per unit (the "Second Tranche").
- [F2]The First Tranche vests upon the Company's common stock achieving a market price of $6.26 for a ten day trailing average, and the Second Tranche vests upon the Company's common stock achieving a market price of $9.39 for a ten day trailing average. If these objectives are met, payout of the First Tranche and Second Tranche will not occur until the second and third anniversaries of the grant date, respectively.
Documents
Issuer
FURNITURE BRANDS INTERNATIONAL INC
CIK 0000050957
Entity typeother
Related Parties
1- filerCIK 0001411606
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 8:20 AM ET
- Size
- 6.3 KB