Wilt Thornton W Jr 5
5 · GeoEye, Inc. · Filed Feb 17, 2009
Insider Transaction Report
Form 5
GeoEye, Inc.GEOY
Wilt Thornton W Jr
VP, North American Sales
Transactions
- Award
Restricted Stock Unit
2008-12-24+691→ 3,672 totalExercise: $0.00From: 2011-03-15Exp: 2011-03-15→ Common Stock (691 underlying) - Award
Stock Option
2008-12-24+2,070→ 28,105 totalExercise: $24.50From: 2009-08-26Exp: 2016-08-25→ Common Stock (2,070 underlying)
Footnotes (3)
- [F1]Mr. Wilt was granted 691 restricted stock units under the Company's Long Term Incentive Plan ("LTIP") which will vest, if at all, based on the financial performance of the Company and will be converted into shares of common stock, on March 15, 2011.
- [F2]Mr. Wilt was granted 2,070 options to purchase common stock under the Company's LTIP, which will vest 25% each August 26 of 2009, 2010, 2011 and 2012.
- [F3]The option is exercisable as long as the employee is in service with the Company. Absent any seperate severance agreement, once service terminates, the option will be exercisable for the following periods after such termination: three (3) months in the case of voluntary termination, six (6) months following an involuntary termination, or twelve (12) months in the case of death, Disability, retirement or voluntary or involuntary termination after a Change of Control.