LYNN C STEPHEN 4
4 · KRISPY KREME DOUGHNUTS INC · Filed Jan 27, 2012
Insider Transaction Report
Form 4
LYNN C STEPHEN
Director
Transactions
- Award
Restricted Stock Units
2012-01-25+17,070→ 17,070 total→ Common Stock (17,070 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") convert to shares of common stock on a one-for-one basis.
- [F2]The RSUs vest in four nearly equal quarterly installments beginning April 25, 2012.
- [F3]Mr. Lynn has elected to defer receipt of the RSUs. The vested RSUs will be distributed in a single lump sum following his termination of service on the Board of Directors. RSUs that have not vested prior to his termination of service will be forfeited.