Lipowski Joseph T 4
4 · LOJACK CORP · Filed Feb 25, 2009
Insider Transaction Report
Form 4
LOJACK CORPLOJN
Lipowski Joseph T
Sr. VP, Engineering
Transactions
- Award
Common Stock
2009-02-23+14,700→ 26,334 total - Award
Employee Stock Option (right to buy)
2009-02-23$4.16/sh+36,250$150,800→ 36,250 totalExercise: $4.16Exp: 2016-02-23→ Common Stock (36,250 underlying) - Award
Common Stock
2009-02-23+12,600→ 38,934 total
Footnotes (5)
- [F1]These shares were awarded in a transaction exempted from Section 16(b) of the Securities Exchange Acto of 1934, as amended, pursuant to Rule 16b-3 thereunder.
- [F2]These shares vest on the third anniversary of the date of grant, which was February 23, 2009.
- [F3]Includes 4,984 shares acquired in 2008 under the 2002 Employee Stock Purchase Plan.
- [F4]These shares vest on the day the Company issues its earnings release for the second fiscal year ended after the date of grant if LoJack Corporation meets an operating income target.
- [F5]These employee stock options were awarded under a stock option plan in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. The Employee stock options vest in four equal annual installments commencing on the first anniversary fo the date of grant, which was February 23, 2009.