RUBIOS RESTAURANTS INC 4
4 · RUBIOS RESTAURANTS INC · Filed Jan 15, 2010
Insider Transaction Report
Form 4
PITTARD DANIEL E
President and CEO
Transactions
- Award
Performance Based Restricted Stock Units
2010-01-08+59,375→ 498,215 totalExercise: $7.23→ Common Stock (59,375 underlying) - Award
Restricted Stock Units
2010-01-08+15,840→ 438,840 totalExercise: $7.23From: 2013-01-08Exp: 2020-01-08→ Common Stock (15,840 underlying)
Footnotes (1)
- [F1]The vesting of the Performance Based Restricted Stock Units ("PRSUs") will be contingent upon a change of control of the Issuer during fiscal 2010 (the "Transaction"). PRSUs vest based upon the share price paid to the Issuer's stockholders in the Transaction. The Issuer's stockholders must be paid a minimum of $9.00 per share in the Transaction for any portion of the PRSUs to vest and $16.00 per share in the Transaction for the PRSUs to vest in full. If the Issuer's stockholders receive a range between $9.00 per share and $16.00 per share in the Transaction, the PRSUs shall vest upon an incremental basis.