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4//SEC Filing

Vellayan Nina K 4

Accession 0001209191-09-005471

CIK 0001045150other
View on SEC.govCompany Profile

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 12:45 PM ET

Size

17.4 KB

Accession

0001209191-09-005471

Insider Transaction Report

Form 4
Period: 2009-01-29
TIER TECHNOLOGIES INCTIER
Vellayan Nina K
Chief Operating Officer
Transactions
  • Award

    Performance Shares

    2009-01-29+45,000→ 90,000 total
    Exercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (45,000 underlying)
  • Award

    Performance Shares

    2009-01-29+45,000→ 180,000 total
    Exercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (45,000 underlying)
  • Award

    Performance Shares

    2009-01-29+45,000→ 45,000 total
    Exercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (45,000 underlying)
  • Award

    Performance Shares

    2009-01-29+45,000→ 135,000 total
    Exercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (45,000 underlying)
Footnotes (4)
  • [F1]The Performance Stock Unit (PSU) is earned upon Tier's common stock achieving a market price of $8 per share and mainaining that price for 60 consecutive days.The PSUs have a three year cliff vesting and are payable in cash, common stock, or restricted stock.
  • [F2]The Performance Stock Unit (PSU) is earned upon Tier's common stock achieving a market price of $9.50 per share and mainaining that price for 60 consecutive days. The PSUs have a three year cliff vesting and are payable in cash, common, or restricted stock.
  • [F3]The Performance Stock Unit (PSU) is earned upon Tier's common stock achieving a market price of $11 per share and maintaining that price for 60 consecutive days. The PSUs have a three year cliff vesting and are payable in cash, common or restricted stock.
  • [F4]The Performance Stock Unit (PSU) is earned upon Tier's common stock achieving a market price of $13 and maintaining that price for 60 consecutive days. The PSUs have a three year cliff vesting and are payable in cash, common, or restricted stock.

Documents

2 files

Issuer

TIER TECHNOLOGIES INC

CIK 0001045150

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Entity typeother

Related Parties

1
  • filerCIK 0001445886

Filing Metadata

Form type
4
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 12:45 PM ET
Size
17.4 KB
View on SEC.gov