MULLINS KEVIN M 4
4 · LOJACK CORP · Filed Feb 25, 2009
Insider Transaction Report
Form 4
LOJACK CORPLOJN
MULLINS KEVIN M
Sr. VP & GM Domestic
Transactions
- Award
Common Stock
2009-02-23+18,950→ 51,870 total - Award
Common Stock
2009-02-23+16,250→ 68,120 total - Disposition to Issuer
Common Stock
2009-02-18−4,400→ 63,720 total - Award
Employee Stock Option (right to buy)
2009-02-23$4.16/sh+46,600$193,856→ 46,600 totalExercise: $4.16Exp: 2016-02-23→ Common Stock (46,600 underlying)
Footnotes (6)
- [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 3,868 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 shares granted on 2/26/07 and were forfeited on the day of the Company's most recent earnings release due to failure to meet operating income target.
- [F6]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 stock options vested in four equal annual installments commencing on the first anniversary of the date of grant, which was February 23, 2009.