Van Kathy Jo 4
4 · Coleman Cable, Inc. · Filed Mar 4, 2010
Insider Transaction Report
Form 4
Van Kathy Jo
Senior Vice President
Transactions
- Award
Options to Purchase Common Stock
2010-03-02+30,000→ 30,000 totalExercise: $4.42Exp: 2020-03-02→ Common Stock (30,000 underlying) - Award
Restricted Stock Units
2010-03-02+54,980→ 54,980 totalExp: 2020-03-02→ Common Stock (54,980 underlying)
Footnotes (3)
- [F1]The options vest in equal installments on March 2, 2012, March 2, 2013 and March 2, 2014.
- [F2]Each Restricted Stock Unit ("RSU") is the economic equivalent of one share of Common Stock. A portion of the RSUs will be settled in stock and a portion in cash as explained below.
- [F3]12,230 RSUs, 21,00 RSUs and 21,750 RSUs, respectively, vest upon Coleman Cable's common stock attaining three separate market price goals. Upon vesting, two-thirds of the RSUs will settle in shares of common stock and one-third will settle in cash, subject in each case to satisfaction of tax withholding obligations.