MOBERG RAY M 4
4 · LAKES ENTERTAINMENT INC · Filed Jan 31, 2011
Insider Transaction Report
Form 4
MOBERG RAY M
Director
Transactions
- Exercise/Conversion
Common Stock
2011-01-28+1,666→ 3,333 total - Exercise/Conversion
Restricted Stock Units
2011-01-28−1,666→ 1,667 total→ Common Stock (1,666 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. 1,667 of the total number of RSUs granted vested on January 28, 2010, 1,666 of the total number of RSUs granted vested on January 28, 2011 and the remaining 1,667 RSUs granted will vest on January 28, 2012.