Lenczowski Roberta E 4
4 · GeoEye, Inc. · Filed Jan 4, 2012
Insider Transaction Report
Form 4
GeoEye, Inc.GEOY
Lenczowski Roberta E
Director
Transactions
- Award
Deferred Stock Units
2012-01-01+2,701→ 10,087 total→ Common Stock (2,701 underlying)
Footnotes (3)
- [F1]There is no exercise price to convert the deferred stock units into stock. Each vested stock unit is convertible into common stock on a one unit to one share basis, six months after the director separates from service on the Board.
- [F2]Deferred Stock Units ("DSUs") vest 50% each six months following the date of grant; vested DSUs will be converted into shares of common stock on a one DSU to one share basis six months after a director's separation from the Board.
- [F3]Vested DSUs have no expiration date. While a director is in service, DSUs vests 50% each six months from the grant date. Once she separates from service, any unvested DSU expires. All vested DSUs convert into a shares of common stock, on a one-to-one basis, six months after a director separates from service.