Cahill William P 4
4 · TRADESTATION GROUP INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
Cahill William P
Pres & COO of TS Securities
Transactions
- Award
Common Stock
2011-02-15+9,705→ 50,606 total - Award
Stock Option (Right to Buy)
2011-02-15+10,966→ 10,966 totalExercise: $7.11From: 2012-02-15Exp: 2021-02-14→ Common Stock (10,966 underlying)
Footnotes (2)
- [F1]The issuance of these shares is pursuant to a restricted stock grant under the Company's incentive stock plan. The shares issued will vest 50% on the third anniversary of the date of grant and 100% on the sixth anniversary, with 100% acceleration upon retirement, death, disability and change in control of the Company. Any unvested shares at the time of termination of employment must be resold to the Company for $0.
- [F2]Stock option becomes exercisable in one-fifth (1/5) increments on February 15, 2012, 2013, 2014, 2015 and 2016, with 100% acceleration of vesting upon death, disability and change in control of the Company.