Black Timothy 4
4 · Great Wolf Resorts, Inc. · Filed Jan 4, 2012
Insider Transaction Report
Form 4
Black Timothy
Executive Vice President
Transactions
- Tax Payment
Common Stock
2011-12-31$2.97/sh−1,948$5,786→ 92,338 total
Footnotes (1)
- [F1]Reporting Person was granted 15,625 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 1,948 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.