Balthazor Steven R. 4
4 · GeoEye, Inc. · Filed Mar 16, 2009
Insider Transaction Report
Form 4
GeoEye, Inc.GEOY
Balthazor Steven R.
VP, Finance & Planning
Transactions
- Award
Stock Option
2009-03-12+2,037→ 10,767 totalExercise: $19.52From: 2010-03-12Exp: 2017-03-12→ Common Stock (2,037 underlying) - Award
Restricted Stock Unit
2009-03-12+1,031→ 1,776 totalExercise: $0.00From: 2012-03-15Exp: 2012-03-15→ Common Stock (1,031 underlying)
Footnotes (3)
- [F1]Mr. Balthazor was granted 1,031 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, 2012.
- [F2]Mr. Balthazor was granted 2,037 options to purchase common stock under Company's Long Term Incentive Plan (LTIP"), which will vest 25% each March 12 of 2010, 2011, 2012 and 2013.
- [F3]The option is exercisable as long as the employee is in service with the Company. Absent any separate 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.