LUTTRELL JOHN J 4
4 · AMERICAN APPAREL, INC · Filed Oct 11, 2011
Insider Transaction Report
Form 4
LUTTRELL JOHN J
EVP, Chief Financial Officer
Transactions
- Award
Common Stock, par value $0.0001
2011-10-10+350,000→ 350,000 total - Award
Stock Options (right to buy)
2011-10-10+700,000→ 700,000 totalExercise: $0.82Exp: 2021-10-10→ Common Stock, par value $0.0001 (700,000 underlying)
Footnotes (2)
- [F1]Restricted shares of common stock, par value $0.0001 per share, of American Apparel, Inc. (the "Company") granted pursuant to the Company's 2011 Omnibus Stock Incentive Plan. Shares vest 25% upon grant and 25% on each of January 1, 2012, 2013 and 2014; provided, that if the reporting person ceases to be an employee of the Company, any shares that are unvested at such time will be forfeited.
- [F2]Options vest and become exercisable 25% upon grant and 25% on each of January 1, 2012, 2013 and 2014; provided, that if the reporting person ceases to be an employee of the Company, any options that are unvested at such time will be forfeited.