COPE TIMOTHY J 4
4 · LAKES ENTERTAINMENT INC · Filed Jan 31, 2011
Insider Transaction Report
Form 4
COPE TIMOTHY J
DirectorPresident and CFO
Transactions
- Exercise/Conversion
Common Stock
2011-01-28+10,000→ 117,584 total - Exercise/Conversion
Restricted Stock Units
2011-01-28−10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Shares were acquired upon the vesting and conversion of Restricted Stock Units, which were received as a grant for which no consideration was paid.
- [F2]Each Restricted Stock Unit ("RSU"), which was granted on January 28, 2009, represents a contingent right to receive one share of the Issuer's common stock. 10,000 of the total number of RSUs granted vested on January 28, 2010, 10,000 of the total number of RSUs granted vested on January 28, 2011 and the remaining 10,000 RSUs granted will vest on January 28, 2012.