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4//SEC Filing

Herdman Kirk 4

Accession 0001209191-11-014081

CIK 0001471038other

Filed

Feb 28, 7:00 PM ET

Accepted

Mar 1, 9:04 PM ET

Size

7.1 KB

Accession

0001209191-11-014081

Insider Transaction Report

Form 4
Period: 2011-03-01
Herdman Kirk
Senior VP, Bus. Dev. and Op.
Transactions
  • Award

    Common Stock Option (right to buy)

    2011-03-01+20,00020,000 total
    Exercise: $16.31From: 2012-03-01Exp: 2021-03-01Common Stock (20,000 underlying)
Footnotes (3)
  • [F1]On January 5, 2011, in conjunction with the Company's annual equity grants to employees and directors, the Compensation Committee of the GTEC Board tentatively approved the issuance of (1) Company Options to certain executive officers, including the filing person, for the purchase of an aggregate of 39,000 shares of Common Stock and (2) 97,000 restricted shares to certain non-management members of the GTEC Board and the Company's Chief Executive Officer and Chief Financial Officer. Following the meeting, the Compensation Committee sought additional information, including the market for compensation of Chief Executive Officers and Chief Financial Officers of peer companies, final tables containing the related grant information, and input from other directors. Following receipt of this information, the Compensation Committee formally approved the grants on January 28, 2011.
  • [F2]Pursuant to the terms of the Company's Equity Award Grant Policy, all annual equity grants to the Company's employees and directors are effective as of the third trading day following the date that the Company releases its annual financial results. As a result, the grant date for these grants was March 1, 2011.
  • [F3]The option vests in four equal, annual installments beginning on the Date Exercisable.

Issuer

GLOBAL DEFENSE TECHNOLOGY & SYSTEMS, INC.

CIK 0001471038

Entity typeother

Related Parties

1
  • filerCIK 0001476265

Filing Metadata

Form type
4
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 9:04 PM ET
Size
7.1 KB