Avara Michael 4
4 · Horizon Lines, Inc. · Filed Mar 24, 2010
Insider Transaction Report
Form 4
Avara Michael
Sr Vice President and CFO
Transactions
- Award
Common Stock, par value $0.01 per share
2010-03-24$4.92/sh+60,000$295,200→ 106,604 total
Holdings
- 2,445
Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]Award of restricted shares of common stock pursuant to the issuer's 2009 Incentive Compensation Plan. Up to 40,000 of these shares will vest and become freely tradeable on March 15, 2013 if certain performance conditions are met by the issuer, while the other 20,000 of these shares will vest and become freely tradeable on March 15, 2013 based solely on continued employment.
- [F2]Shares held in account under the Horizon Lines, Inc. Employee Stock Purchase Plan.