Balthazor Steven R. 5
5 · GeoEye, Inc. · Filed Feb 17, 2009
Insider Transaction Report
Form 5
GeoEye, Inc.GEOY
Balthazor Steven R.
VP, Finance & Planning
Transactions
- Award
Stock Option
2008-12-24+2,230→ 8,730 totalExercise: $24.50From: 2009-08-26Exp: 2016-08-25→ Common Stock (2,230 underlying) - Award
Stock Option
2008-12-22+2,500→ 6,500 totalExercise: $15.61From: 2009-12-22Exp: 2018-12-21→ Common Stock (2,500 underlying) - Award
Restricted Stock Unit
2008-12-24+745→ 745 totalExercise: $24.50From: 2011-03-15Exp: 2011-03-15→ Common Stock (745 underlying) - Purchase
Common Stock
2009-01-09$15.38/sh+40$615→ 40 total
Footnotes (6)
- [F1]Mr. Balthazor purchased 40 shares through the Company's 2008 Employee Stock Purchase Plan.
- [F2]Mr. Balthazor was granted 2,500 options in recognition of extraordinary service.
- [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.
- [F4]Mr. Balthazor was granted 2,230 options under the Company's Long Term Incentive Plan ("LTIP"). All LTIP options have a seven-year term. The options vest 25% each August 26 of 2009, 2010, 2011 and 2012.
- [F5]Mr. Balthazor become a Section 16 filing officer in May 2008. His total holdings include options granted prior to his becoming an officer.
- [F6]Mr. Balthazor was granted 745 restricted stock units under the Company's Long Term Incentive Plan, which will vest, based on the financial performance of the Company and will be converted into shares of common stock on March 15, 2011.