4//SEC Filing
Kendrick Keith S 4
Accession 0001209191-09-006755
CIK 0001045150other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 6:51 PM ET
Size
17.4 KB
Accession
0001209191-09-006755
Insider Transaction Report
Form 4
Kendrick Keith S
Sr. Vice President
Transactions
- Award
Performance Shares
2009-02-03+25,000→ 50,000 totalExercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (25,000 underlying) - Award
Performance Shares
2009-02-03+25,000→ 25,000 totalExercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (25,000 underlying) - Award
Performance Shares
2009-02-03+25,000→ 100,000 totalExercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (25,000 underlying) - Award
Performance Shares
2009-02-03+25,000→ 75,000 totalExercise: $0.00From: 2011-12-04Exp: 2011-12-04→ Common Stock (25,000 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.
Issuer
TIER TECHNOLOGIES INC
CIK 0001045150
Entity typeother
Related Parties
1- filerCIK 0001439161
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 6:51 PM ET
- Size
- 17.4 KB