WELLS BEN K 4
4 · Burger King Holdings Inc · Filed Aug 28, 2009
Insider Transaction Report
Form 4
WELLS BEN K
CFO
Transactions
- Award
Common Stock
2009-08-26+20,263→ 68,083 total - Award
Option to Purchase Common Stock
2009-08-26+55,878→ 111,756 totalExercise: $18.31Exp: 2019-08-26→ Common Stock (55,878 underlying)
Footnotes (2)
- [F1]The shares reported represent an award of performance based restricted stock granted to the Reporting Person by the Issuer on August 26, 2009. The shares will have a one year performance period beginning July 1, 2009 and ending June 30, 2010 and will vest 100% on the third anniversary of the grant date. The number of shares of performance based restricted stock that will be earned at the end of the one year performance period is subject to an increase or a decrease of shares of up to 50% based on the results of the Company performance condition.
- [F2]25% of shares are exercisable on each of 8/26/2010, 8/26/2011, 8/26/2012 and 8/26/2013.