LANDRUM BRIAN 4/A
4/A · RRI ENERGY INC · Filed Aug 20, 2009
Insider Transaction Report
Form 4/AAmended
LANDRUM BRIAN
EVP and COO
Transactions
- Exercise/Conversion
Performance Cash Units
2007-06-01−47,180→ 0 totalExercise: $0.00Exp: 2010-02-20→ Common Stock (47,180 underlying) - Award
Performance Cash Units
2007-02-20+47,180→ 47,180 totalExercise: $0.00Exp: 2010-02-20→ Common Stock (47,180 underlying) - Award
Performance Cash Units
2008-02-19+48,405→ 0 totalExercise: $0.00Exp: 2011-02-19→ Common Stock (48,405 underlying)
Footnotes (5)
- [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 were paid in cash on the vesting date based on the vesting date closing stock price, less withholding for taxes.
- [F2]The cash units were paid in cash on June 1, 2007 upon achievement of a stock price of at least $23 for 20 consecutive trading days prior to the expiration date.
- [F3]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.
- [F4]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.
- [F5]Each cash unit was forfeited subsequent to the reporting person's resignation as an executive officer of RRI Energy, Inc.