RUBIN MICHAEL 4
4 · GSI COMMERCE INC · Filed Apr 22, 2011
Insider Transaction Report
Form 4
GSI COMMERCE INCGSIC
RUBIN MICHAEL
DirectorCEO and President
Transactions
- Exercise/Conversion
Common Stock
2011-04-20+73,371→ 2,407,241 total - Tax Payment
Common Stock
2011-04-20$29.79/sh−33,443$996,267→ 2,373,798 total - Exercise/Conversion
Performance Unit
2011-04-20−73,371→ 73,371 total→ Common Stock (73,371 underlying)
Holdings
- 2,000,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.
- [F2]The Performance Units were not assigned an exercise price.
- [F3]This Performance Restricted Stock Unit was granted on March 10, 2009 and earned on March 2, 2010 when the performance targets were certified. The Performance Units vest 50% on April 20, 2011 and April 20, 2012. Performance Units have no expiration date. Vested Performance Units result in delivery of the underlying shares of common stock.