COPE TIMOTHY J 4
4 · LAKES ENTERTAINMENT INC · Filed Jan 31, 2012
Insider Transaction Report
Form 4
COPE TIMOTHY J
DirectorPresident and CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-01-28−10,000→ 0 total→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2012-01-28+10,000→ 127,642 total
Footnotes (3)
- [F1]Shares were acquired upon the vesting and conversion of Restricted Stock Units, which were received as a grant for which no consideration was paid.
- [F2]Total includes the addition of 58 shares due to an inadvertent mathematical error on a prior filing.
- [F3]Each Restricted Stock Unit ("RSU"), which was granted on January 28, 2009, represents a contingent right to receive one share of the Issuer's common stock. 10,000 of the total number of RSUs granted vested on January 28, 2010, 10,000 of the total number of RSUs granted vested on January 28, 2011, and the remaining 10,000 RSUs granted vested on January 28, 2012.