LYNN C STEPHEN 4
4 · KRISPY KREME DOUGHNUTS INC · Filed Jan 27, 2010
Insider Transaction Report
Form 4
LYNN C STEPHEN
Director
Transactions
- Award
Restricted Stock Units
2010-01-25+45,283→ 45,283 total→ Common Stock (45,283 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") convert to shares of common stock on a one-for-one basis.
- [F2]The RSUs will vest in four nearly equal quarterly installments on April 25, 2010 and continuing on July 25, 2010, October 25, 2010 and January 25, 2011.
- [F3]Mr. Lynn has elected to defer receipt of the RSUs. The vested RSUs will be distributed in a single lump sum following the termination of his service on the Board of Directors, provided, however, that any RSUs that have not vested prior to his termination of service will be forfeited.