LYNN C STEPHEN 4
4 · KRISPY KREME DOUGHNUTS INC · Filed Feb 10, 2011
Insider Transaction Report
Form 4
LYNN C STEPHEN
Director
Transactions
- Award
Restricted Stock Units
2011-02-09+16,736→ 16,736 total→ Common Stock (16,736 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") convert to shares of common stock on a one-for-one basis.
- [F2]The RSUs vest in four equal quarterly installments over a one-year period beginning May 9, 2011.
- [F3]Mr. Lynn has elected to defer receipt of the RSUs. The vested RSUs will be distributed in a single lump sum following termination of service on the Board of Directors. RSUs that have not vested prior to termination of service will be forfeited.