Stumme Brent 4
4 · LoopNet, Inc. · Filed Jan 3, 2012
Insider Transaction Report
Form 4
LoopNet, Inc.LOOP
Stumme Brent
CFO and VP, Finance/Admin
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2011-12-30−27,084→ 0 totalExercise: $9.97From: 2010-03-11Exp: 2017-02-10→ Common Stock (27,084 underlying) - Tax Payment
Common Stock
2011-12-30$18.35/sh−20,490$375,992→ 143,459 total - Tax Payment
Common Stock
2011-12-29$18.35/sh−8,753$160,618→ 136,865 total - Exercise/Conversion
Common Stock
2011-12-30$9.97/sh+27,084$270,027→ 163,949 total
Holdings
- 6,141(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Pursuant to the approval by the Compensation Committee of the Issuer of the acceleration of the vesting of all unvested restricted stock units, all unvested restricted stock units are therefore fully vested as of the Transaction Date. The amount of restricted stock units withheld is based on the closing price of December 29, 2011.
- [F2]Shares withheld by the Issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the above-reported exercise of options. The amount of shares withheld is based on the closing price on December 29, 2011.
- [F3]Pursuant to the approval by the Compensation Committee of the Issuer of the acceleration of the vesting of all unvested shares, all shares are fully vested and exercisable as of the Transaction Date.