HANAKA MARTIN E 4
4 · GOLFSMITH INTERNATIONAL HOLDINGS INC · Filed Mar 23, 2009
Insider Transaction Report
Form 4
HANAKA MARTIN E
DirectorCEO, Chairman of the Board
Transactions
- Purchase
Common Stock
2009-03-19$0.91/sh+85$77→ 138,694 total - Purchase
Common Stock
2009-03-19$0.90/sh+100$90→ 138,794 total - Purchase
Common Stock
2009-03-19$0.94/sh+815$766→ 143,209 total - Purchase
Common Stock
2009-03-19$0.92/sh+3,600$3,312→ 142,394 total
Holdings
- 161,376.87
Deferred Stock Units
→ Common Stock (161,376.87 underlying) - 200,000
Employee Stock Option (right to buy)
Exercise: $2.32→ Common Stock (200,000 underlying)
Footnotes (5)
- [F1]Acquired by the reporting person through an open market purchase.
- [F2]Golfsmith International Holdings, Inc. (the "Company") previously granted these Deferred Stock Units ("DSUs") to the reporting person pursuant to its Non-Employee Director Compensation Plan. Each DSU represents a contingent right to receive one share of common stock of the Company.
- [F3]The DSUs are fully vested. Vested DSUs are exercisable by the reporting person upon termination of his service on the Board of the Company.
- [F4]Represents options actually granted to the reporting person on June 13, 2008. The grant of option to purchase an additional 800,000 shares was approved by the Board, but remains subject to shareholder approval of an increase in the number of shares available for grant under the Company's 2006 Incentive Compensation Plan and will be separately reported on a subsequent Form 4 for the reporting person upon such approval.
- [F5]The option vests and becomes exercisable on June 16, 2009, subject to earlier vesting in full in limited circumstances specified in the award agreement. The option expires 10 years from the date of grant.