Groves Eric Steven 4
4 · Constant Contact, Inc. · Filed Dec 6, 2010
Insider Transaction Report
Form 4
Groves Eric Steven
SVP, Global Market Development
Transactions
- Sale
Common Stock
2010-12-03$26.60/sh−25,000$665,005→ 119,088 total - Award
Stock Option (Right to Buy)
2010-12-03+25,000→ 25,000 totalExercise: $27.12Exp: 2020-12-03→ Common Stock (25,000 underlying) - Award
Restricted Stock Units
2010-12-03+8,334→ 8,334 total→ Common Stock (8,334 underlying)
Footnotes (4)
- [F1]Represents the weighted average sales price for shares sold in multiple transactions. Sales prices ranged from $26.55 to $26.7425 per share. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of such issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- [F2]25% of the shares subject to this option will vest on December 3, 2011, and an additional 6.25% of the shares subject to this option will vest quarterly thereafter, such that 100% of the shares subject to this option will be fully vested on December 3, 2014.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F4]25% of the restricted stock units will vest on December 3, 2011, and an additional 6.25% of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be fully vested on December 3, 2014. Vested shares will be delivered to the reporting person within three business days after such shares become vested.