Williams Timothy L 4
4 · WINN DIXIE STORES INC · Filed Nov 14, 2011
Insider Transaction Report
Form 4
Williams Timothy L
SVP, GC, and Corp Sec
Transactions
- Award
Common Stock
2011-11-10+511→ 13,448 total - Sale
Common Stock
2011-11-11$6.57/sh−316$2,076→ 13,132 total - Award
Option
2011-11-09+5,866→ 5,866 totalExercise: $6.24Exp: 2018-11-09→ Common Stock (5,866 underlying)
Footnotes (4)
- [F1]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.
- [F2]Shares sold to satisfy tax withholding obligations that became due upon the vesting of RSU's.
- [F3]The amount of securities owned balance includes 11,546 RSUs for which stock certificates will be issued upon vesting.
- [F4]The Option shall vest in equal annual installments over 3 years beginning with the first anniversary of the date of grant.