Birch Paul D 4
4 · Double-Take Software, Inc. · Filed May 18, 2009
Insider Transaction Report
Form 4
Birch Paul D
Director
Transactions
- Award
Restricted Stock Units
2009-05-14+10,000→ 10,000 totalExercise: $0.00→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Double-Take Software common stock.
- [F2]The restricted stock units vest 100% on the earlier to occur of the 2010 Annual Meeting of Stockholders or May 14, 2010. In certain instances, delivery of shares may be delayed to facilitate, including the ability of the reporting person to sell shares to cover tax obligations.