CRETAN NESTOR 4
4 · PREMIER EXHIBITIONS, INC. · Filed Apr 27, 2009
Insider Transaction Report
Form 4
CRETAN NESTOR
Director
Transactions
- Award
Restricted Stock Units
2009-04-23+27,398→ 27,398 totalExercise: $0.00→ Common Stock (27,398 underlying)
Footnotes (2)
- [F1]The restricted stock units were granted pursuant to the Amended and Restated 2007 Restricted Stock Plan. Each restricted stock unit represents the right to receive one share of Premier Exhibitions, Inc. Common Stock.
- [F2]The restricted stock units vest on the earlier of (i) January 1, 2010, (ii) a change of control, or (iii) on a pro-rata basis (proportionately to the number of days served by the reporting person on the Board of Directors during the 2009 calendar year) on the date when the reporting person ceases to be a member of the Board of Directors. The restricted stock units will be payable to the reporting person within 20 days after becoming vested. Any units that do not vest will be forfeited.