Weichselbaum Paul Joseph 4
4 · LOJACK CORP · Filed Feb 23, 2011
Insider Transaction Report
Form 4
LOJACK CORPLOJN
Weichselbaum Paul Joseph
Sr. VP, Business Management
Transactions
- Award
Employee Stock Option (right to buy)
2011-02-22$5.77/sh+56,647$326,853→ 56,647 totalExercise: $5.77Exp: 2018-02-22→ Common Stock (56,647 underlying) - Award
Common Stock
2011-02-22+19,497→ 64,140 total - Award
Common Stock
2011-02-22+12,998→ 77,138 total
Footnotes (4)
- [F1]These shares were awarded in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder.
- [F2]These shares vest on the third anniversary of the date of grant, which was February 22, 2011.
- [F3]These shares vest on the day the Company issues its earnings release for the second full fiscal year ended after the date of grant if LoJack Corporation meets an EBITDA target.
- [F4]These employee stock options were awarded under a stock option plan in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. The Employee stock options vest in three equal annual installments commencing on the first anniversary of the date of grant, which was February 22, 2011.