PENSON WORLDWIDE INC 4
4 · PENSON WORLDWIDE INC · Filed Jan 3, 2011
Insider Transaction Report
Form 4
JOHNSON THOMAS RICHARD
Director
Transactions
- Exercise/Conversion
Common Stock
2010-12-31+772→ 32,070 total - Exercise/Conversion
Restricted Stock Unit
2010-12-31−772→ 771 total→ Common Stock (771 underlying)
Holdings
- 500,922(indirect: By Call Now, Inc.)
Common Stock
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Penson Worldwide common stock. On December 31, 2010, 772 of the reporting person's restricted stock units vested. The reporting person is responsible for any tax liability associated with the vested shares.
- [F2]Includes 6,368 Restricted Stock Units that vest evenly over 5 quarters from March 31, 2011.
- [F3]Mr. Johnson disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Johnson is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Penson Worldwide common stock.
- [F5]The restricted stock units vest on March 31, 2011.