Paz Ramon 4
4 · HeartWare International, Inc. · Filed Dec 22, 2010
Insider Transaction Report
Form 4
Paz Ramon
VP, Quality Assurance
Transactions
- Award
Restricted Stock Unit
2010-12-20+3,000→ 21,095 totalExp: 2020-12-20→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]The restricted stock units become exercisable in four equal installments on the anniversary of the date of grant (December 20, 2011, December 20, 2012, December 20, 2013 and December 20, 2014) subject to Mr. Paz'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. Paz's death prior to settlement.