Byron Marc V 4
4 · HUGHES Telematics, Inc. · Filed May 8, 2009
Insider Transaction Report
Form 4
Byron Marc V
Director
Transactions
- Award
Common Stock
2009-05-06+36,000→ 762,343 total
Footnotes (1)
- [F1]On May 6, 2009, HUGHES Telematics, Inc. (the "Company") granted shares of the Company's common stock to each non-executive director of the Company under the 2009 Equity and Incentive Plan for no additional consideration. Shares of such common stock may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed by the reporting person until they vest and become transferable. The common stock vests in three equal installments. The first installment vests and becomes transferable on March 31, 2010, and the next two installments vest and become transferable on March 31, 2011 and March 31, 2012.