FURNITURE BRANDS INTERNATIONAL INC 4
4 · FURNITURE BRANDS INTERNATIONAL INC · Filed Dec 20, 2010
Insider Transaction Report
Form 4
BOTSFORD JON D
Sr VP, Gen Counsel, Secretary
Transactions
- Disposition to Issuer
Common Stock
2010-12-19−79,870→ 32,500 total - Exercise/Conversion
Restricted Stock Unit
2010-12-19−79,870→ 79,870 totalExp: 2013-12-19→ Common Stock (79,870 underlying) - Exercise/Conversion
Common Stock
2010-12-19+79,870→ 112,370 total
Footnotes (3)
- [F1]Each restricted stock unit respresented a contingent right to receive $6.26 per unit upon the Company's common stock achieving a market price of $6.26 for a ten day trailing average. The award was payable in cash only on December 19, 2010, which is the second anniversary of the grant date.
- [F2]Includes 4,167 unvested shares of restricted stock.
- [F3]The remaining restricted stock units represent the right to receive $9.39 per unit upon the Company's common stock achieving a market price of $9.39 for a ten day trailing average. If this objective is met, payout will not occur until December 19, 2011.