Held Jeffrey 4
4 · HeartWare International, Inc. · Filed Jul 7, 2010
Insider Transaction Report
Form 4
Held Jeffrey
General Counsel
Transactions
- Award
Restricted Stock Unit
2010-07-06+7,500→ 7,500 totalExp: 2020-07-06→ Common Stock (7,500 underlying) - Award
Stock Option (right to buy)
2010-07-06+2,500→ 2,500 totalExercise: $66.14Exp: 2020-07-06→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]The stock options become exercisable in four equal installments on the anniversary of the date of grant (July 6, 2011, July 6, 2012, July 6, 2013 and July 6, 2014) subject to Mr. Held's continuous employment by the Company through each such anniversary date. In addition, the stock options will immediately vest upon the occurrence of a change in control (as defined in the 2008 Stock Incentive Plan) or upon Mr. Held's death prior to settlement.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F3]The restricted stock units become exercisable in four equal installments on the anniversary of the date of grant (July 6, 2011, July 6, 2012, July 6, 2013 and July 6, 2014) subject to Mr. Held's continuous employment by the Company through each such anniversary date. In addition, the restricted stock units will immediately vest upon the occurrence of a change in control (as defined in the 2008 Stock Incentive Plan) or upon Mr. Held's death prior to settlement.