KNETTER MICHAEL M 4
4 · Great Wolf Resorts, Inc. · Filed Apr 2, 2009
Insider Transaction Report
Form 4
KNETTER MICHAEL M
Director
Transactions
- Award
Common Stock
2009-04-01$2.43/sh+3,279$7,968→ 25,208 total
Footnotes (1)
- [F1]The reporting person has elected to receive an exempt award of shares of the issuer's common stock ("Common Stock") under the Great Wolf Resorts 2004 Incentive Stock Plan, as amended, in lieu of all or a portion of cash fees payable to the reporting person for service on the Company's board of directors during the second quarter of 2009 ("Board Fee"). The Common Stock was awarded on the date such fees would otherwise have been payable, April 1, 2009, and was vested immediately. The Common Stock had a market value based on the closing price of the issuer's common stock on the date of issuance, equal to 125% of the Board fee.