APPEL LAURENCE B 4
4 · WINN DIXIE STORES INC · Filed Nov 14, 2011
Insider Transaction Report
Form 4
APPEL LAURENCE B
SVP, HR, Legal and Gen Counsel
Transactions
- Award
Common Stock
2011-11-09+10,280→ 76,729 total - Award
Common Stock
2011-11-10+3,701→ 80,430 total - Sale
Common Stock
2011-11-11$6.52/sh−2,282$14,879→ 78,148 total - Award
Option
2011-11-09+19,038→ 19,038 totalExercise: $6.24Exp: 2018-11-09→ Common Stock (19,038 underlying)
Footnotes (5)
- [F1]Represents Restricted Stock Units ("RSUs") awarded under the Winn-Dixie Stores, Inc. Fiscal 2012 Equity Incentive Plan. The RSUs become vested, and certificates for shares of common stock become deliverable, in three annual installments beginning on the first anniversary of the date of grant. Each RSU represents a contingent right to receive one share of Winn-Dixie Stores, Inc. common stock.
- [F2]Represents Restricted Stock Units ("RSUs") awarded under the Winn-Dixie Stores, Inc. Fiscal 2010 Equity Incentive Plan that were subject to achievement of certain performance criteria determined as to 1/3 of the award each year beginning with the first year after grant. The aggregate performance RSU's were originally awarded on November 10, 2010. The first year performance criteria were met on November 10, 2011 and the RSU's vested as to 1/3 of the original award. Each RSU represents a right to receive one share of Winn-Dixie Stores, Inc. common stock.
- [F3]Shares sold to satisfy tax withholding obligations that became due upon the vesting of RSU's.
- [F4]The amount of securities owned balance includes 33,589 RSUs for which stock certificates will be issued upon vesting.
- [F5]The Option shall vest in equal annual installments over 3 years beginning with the first anniversary of the date of grant.