LYNN C STEPHEN 4
4 · KRISPY KREME DOUGHNUTS INC · Filed Jan 30, 2009
Insider Transaction Report
Form 4
LYNN C STEPHEN
Director
Transactions
- Award
Restricted Stock Units
2009-01-29+85,714→ 85,714 total→ Common Stock (85,714 underlying)
Footnotes (3)
- [F1]Restricted stock units will convert to common stock on a one-for-one basis.
- [F2]The restricted stock units will vest in four nearly equal quarterly installments on April 29, 2009 and continuing on July 29, 2009; October 29, 2009; and January 29, 2009.
- [F3]Mr. Lynn has elected to defer receipt of the units. The vested units will be distributed in a single lump sum following the termination of his service on the Board of Directors, provided, however, that any units that have not vested prior to his termination of service will be forfeited.