PALLEY STEPHEN WILLIAM 4
4 · PREMIER EXHIBITIONS, INC. · Filed Jan 5, 2010
Insider Transaction Report
Form 4
PALLEY STEPHEN WILLIAM
Director
Transactions
- Award
Restricted Stock Units
2010-01-01+16,000→ 16,000 total→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]The Restricted Stock Units were granted pursuant to the 2009 Equity Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of Premier Exhibitions, Inc. Common Stock.
- [F2]The Restricted Stock Units vest on the earlier of (i) January 1, 2011, (ii) such earlier date as provided in the 2009 Equity Incentive Plan or (iii) on a pro-rata basis (proportionately to the number of days served by the reporting person on the Board of Directors during the year) on the date the reporting person ceases to be a director. The Restricted Stock Units will be payable to the reporting person within 20 days after they vest. Any units that do not vest will be forfeited.