Ryan Anthony P 4
4 · MONEYGRAM INTERNATIONAL INC · Filed May 20, 2009
Insider Transaction Report
Form 4
Ryan Anthony P
DirectorPresident & CEO
Transactions
- Award
Stock Option (right to buy)
2009-05-06+8,000,000→ 8,000,000 totalExercise: $1.74Exp: 2019-05-06→ Common Stock (8,000,000 underlying)
Footnotes (2)
- [F1]Non-qualified stock option granted under the MoneyGram International, Inc. 2005 Omnibus Incentive Plan pursuant to the Non-Qualified Stock Option Agreement dated May 6, 2009.
- [F2]Options for 50% of the shares are "Time Vested" and options for 50% of the shares are "Performance Vested." The Time Vested options vest as follows: 15% immediately; 20% on March 15, 2010; 20% on March 15, 2011; 20% on March 15, 2012; 15% on March 15, 2013; and 10% on March 15, 2014. The Performance Vested options will vest as follows: Options for 50% of the shares will vest when the value of the common stock of the Corporation has reached $3.48 per share for a period of 20 consecutive trading days during the 5-year period following the grant date; and options for 50% of the shares will vest when the value of the common stock of the Corporation has reached $5.22 per share for a period of 20 consecutive trading days during the 5-year period following the grant date. If the shares of common stock of the Corporation are not publicly traded, then vesting for the options that are Performance Vested will be vested in the manner set forth in the stock option agreement