Cahill William P 4
4 · TRADESTATION GROUP INC · Filed Jan 21, 2009
Insider Transaction Report
Form 4
Cahill William P
Pres & COO of TS Securities
Transactions
- Award
Common Stock
2009-01-16+21,525→ 21,525 total - Award
Stock Option (Right to buy)
2009-01-16+23,524→ 23,524 totalExercise: $5.77From: 2010-01-16Exp: 2019-01-15→ Common Stock (23,524 underlying)
Footnotes (2)
- [F1]The issuance of these shares is pursuant to a restricted stock grant under the Company's incentive stock plan. The shares issued will vest 50% on the third anniversary of the date of grant and 100% on the sixth anniversary, with 100% acceleration upon retirement, death, disability and change in control of the Company. Any unvested shares at the time of termination of employment must be resold to the Company for $0.
- [F2]Stock option becomes exercisable in one-fifth (1/5) increments on January 16, 2010, 2011, 2012, 2013 and 2014, with 100% acceleration of vesting upon death, disability and change in control of the Company.