TODD CARTER R 4
4 · GAYLORD ENTERTAINMENT CO /DE · Filed Feb 15, 2012
Insider Transaction Report
Form 4
TODD CARTER R
EVP, General Counsel & Sec.
Transactions
- Tax Payment
Common stock
2012-02-13$29.57/sh−2,688$79,484→ 8,352 total - Exercise/Conversion
Common Stock
2012-02-13$29.57/sh+10,000$295,700→ 11,040 total - Exercise/Conversion
Restricted Stock Units
2012-02-13$29.57/sh−10,000$295,700→ 5,000 totalExercise: $29.57From: 2012-02-04Exp: 2012-12-31→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]On February 13, 2012, a total of 10,000 shares of the Company's common stock were awarded to Mr. Todd upon the satisfaction of performance criteria with respect to a restricted stock unit award previously granted to Mr. Todd on February 4, 2008 (the terms of which were amended on September 3, 2010). A total of 2,688 shares were withheld to satisfy Mr. Todd's tax withholding obligations with respect to the award, and Mr. Todd retained the remaining 7,312 shares.
- [F2]Does not include the following shares of common stock issuable upon the ultimate vesting of time-based restricted stock unit awards: 5,000 (granted on 2/4/08); 8,500 (granted on 2/3/10); and 4,500 (granted on 2/8/12). Does not include the following shares of common stock issuable upon the satisfaction of criteria with respect to performance-based restricted stock unit awards: 2,900 (granted on 2/2/11); and 4,500 (granted on 2/8/12). The restricted stock awards are subject to the terms and conditions of the applicable agreement with respect to such awards and will ultimately only be issued as provided in such agreements.