Ostermann Michael 4
4 · EXIDE TECHNOLOGIES · Filed Mar 29, 2010
Insider Transaction Report
Form 4
Ostermann Michael
Pres.-Transportation Europ
Transactions
- Award
Performance Shares
2010-03-25+36,672→ 36,672 totalExercise: $0.00Exp: 2013-06-29→ Common Stock (36,672 underlying) - Award
Common Stock
2010-03-25+18,336→ 18,336 total
Footnotes (3)
- [F1]Reflects award of restricted stock pursuant to the Exide Technologies 2009 Stock Incentive Plan. The restricted stock vests ratably over three years beginning March 25, 2011.
- [F2]Represents the maximum number of Performance Shares that will be earned, if at all, based on the achievement of certain pre-established management objectives for the period April 1, 2010 through March 31, 2013. Each Performance Share represents a contingent right to receive one share of Exide Technologies common stock.
- [F3]The Performance Shares will vest no later than 90 days after March 31, 2013, after the Board of Directors, or a committee thereof, certifies the achievement of one or more of the management objectives.