Bobbitt Amy 4
4 · COMSYS IT PARTNERS INC · Filed Jan 6, 2009
Insider Transaction Report
Form 4
Bobbitt Amy
SVP-Chief Acctg Officer
Transactions
- Award
Common Stock
2009-01-02+22,500→ 43,950 total - Tax Payment
Common Stock
2009-01-02$2.44/sh−586$1,430→ 43,364 total
Footnotes (2)
- [F1]Shares of restricted common stock granted under the Amended and Restated 2004 Stock Incentive Plan. These shares are 100% performance-based, and will vest (if at all) at the end of the three-year period ending December 31, 2011, based on the Company's earnings per share ("EPS") growth as against the BMO staffing stock index during the three-year period. The shares will fully vest if the Company's EPS growth is in the top 25% of the index. The shares will vest 50% or 25% if the Company's EPS growth is in the second 25% or third 25% of the index, respectively. No shares will vest if the Company's EPS growth is in the bottom 25% of the index. The vesting percentages will be prorated within individual tiers, except that no shares will vest for EPS growth in the bottom tier.
- [F2]Shares of common stock withheld to satisfy tax withholding obligations incurred in connection with the January 2, 2009, vesting of 1,526 shares of restricted common stock granted under the Amended and Restated 2004 Stock Incentive Plan.