Gilbertson David 4
4 · Constant Contact, Inc. · Filed Dec 6, 2011
Insider Transaction Report
Form 4
Gilbertson David
VP, Strategy/Corp. Development
Transactions
- Award
Stock Option (Right to Buy)
2011-12-06+30,000→ 30,000 totalExercise: $24.88Exp: 2018-12-06→ Common Stock (30,000 underlying) - Award
Restricted Stock Units
2011-12-06+15,000→ 15,000 total→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]25% of the shares subject to this option will vest on December 6, 2012, and an additional 6.25% of the shares subject to this option will vest quarterly thereafter, such that 100% of the shares subject to this option will be fully vested on December 6, 2015.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]Excludes 10,000 restricted stock units granted to the reporting person by the issuer on December 6, 2011, which will vest in full upon the achievement by the issuer of a specified performance target, provided that such target is achieved by June 30, 2014 and subject to the continued employment of the reporting person with the issuer.
- [F4]25% of the restricted stock units will vest on December 6, 2012, and an additional 6.25% of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be fully vested on December 6, 2015. Vested shares will be delivered to the reporting person within three business days after such shares become vested.