Griffey Charles S 4/A
4/A · RRI ENERGY INC · Filed Aug 20, 2009
Insider Transaction Report
Form 4/AAmended
Griffey Charles S
SVP, Mkt Design & Reg Affairs
Transactions
- Award
Performance Cash Units
2008-02-19+8,391→ 0 totalExercise: $0.00Exp: 2011-02-19→ Common Stock (8,391 underlying)
Footnotes (3)
- [F1]Each cash unit, subject to achievement of the performance condition, is the economic equivalent of one share of RRI Energy, Inc. common stock. The cash units are paid in cash on the vesting date based on the vesting date closing stock price, subject to withholding for taxes.
- [F2]Each cash unit vests and is paid upon RRI Energy, Inc.'s achievement of a stock price of at least $32 for 20 consecutive trading days at any time during the three-year term ended February 19, 2011.
- [F3]Each cash unit was forfeited subsequent to the reporting person's resignation as an executive officer of RRI Energy, Inc.