NAVARRE CORP /MN/ 4
4 · NAVARRE CORP /MN/ · Filed Nov 4, 2010
Insider Transaction Report
Form 4
PORTER J REID
Exec. Vice President and CFO
Transactions
- Exercise/Conversion
Common Stock
2010-11-03+8,750→ 129,984 total - Tax Payment
Common Stock
2010-11-03$2.35/sh−2,862$6,726→ 127,122 total - Exercise/Conversion
Restricted Stock Unit
2010-11-03−8,750→ 17,500 totalExercise: $0.00→ Common Stock (8,750 underlying)
Footnotes (3)
- [F1]Vesting of Restricted Stock Units granted pursuant to the terms of the Company's Amended and Restated 2004 Stock Plan on November 3, 2009.
- [F2]Surrender to the Company of shares to cover the minimum statutory tax withholding obligations occasioned by the vesting of Restricted Stock Units.
- [F3]This Restricted Stock Unit grant vests in three equal annual installments on November 3, 2010, 2011 and 2012 conditioned upon employment on those dates.