CALDER JAMES A 4
4 · Great Wolf Resorts, Inc. · Filed Jan 4, 2012
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2011-12-31$2.97/sh−21,916$65,091→ 261,067 total - Tax Payment
Common Stock
2010-12-31$2.97/sh−2,022$6,005→ 259,045 total
Footnotes (2)
- [F1]Reporting Person was granted 185,899 restricted shares of common stock on March 2, 2010 under the issuer's 2004 Incentive Stock Plan. The shares vest as to 33-1/3% of the total immediately, 33-1/3% of the total on December 31, 2010, and 33-1/3% of the total on December 31, 2011. The issuer withheld 21,916 shares as payment of Reporting Person's income tax withholding in connection with the award amount that vested on December 31, 2011. Computation of the number of shares withheld for payment of tax was based upon the closing price of issuer's stock on the vesting date.
- [F2]Reporting Person was granted 18,275 restricted shares of common stock on February 25, 2011 under the issuer's 2004 Incentive Stock Plan. The shares vest as to 33-1/3% of the total immediately, 33-1/3% of the total on December 31, 2011, and 33-1/3% of the total on December 31, 2012. The issuer withheld 2,022 shares as payment of Reporting Person's income tax withholding in connection with the award amount that vested on December 31, 2011. Computation of the number of shares withheld for payment of tax was based upon the closing price of issuer's stock on the vesting date.