Deerfield Capital Corp. 4
4 · Deerfield Capital Corp. · Filed Jun 18, 2010
Insider Transaction Report
Form 4
MANDELL RICHARD A
Director
Transactions
- Award
Performance Shares
2010-06-16+11,111→ 11,111 totalFrom: 2013-06-16Exp: 2013-06-16→ Common Stock (11,111 underlying)
Footnotes (4)
- [F1]Performance Shares are awards that are issued pursuant to the Company's First Amended and Restated Stock Incentive Plan, as amended, and that are stated with reference to a specified number of shares of the issuer's common stock, and entitle the holder to receive a cash payment or shares of common stock or a combination thereof.
- [F2]Each Performance Share awarded to the reporting person represents the right to receive one share of the issuer's common stock on June 16, 2013, subject to acceleration upon a change in control of the issuer, and to certain adjustments, as specified in the Performance Share Award Agreement.
- [F3]The date of the Performance Share Award Agreement awarding the Performance Shares to the reporting person. The issuer customarily awards the equity component of the directors' compensation in May or June of each year.
- [F4]The Performance Shares were granted to the reporting person by the issuer as the stock-based portion of his fee for service as a director for 2010 and approved by the Board of Directors.